The Egyptian Cabinet approved a governmental commission to review tenders and contracts between the government on one hand and companies and factories on the other hand that were prior to EGP devaluation.
The cabinet confirmed that Egypt’s petroleum based products are to be exempted from the value-added tax (VAT), which is yet to be presented to the parliament.
The Minister of Electricity and Renewable Energy, Mohamed Shaker, has announced that a slight increase in the prices of electricity will be witnessed during the first three segments of consumption. Later on the price ...
EGPC has addressed the Council of Ministers for the approval for interests payments worth EGP 2.7b on a loan guaranteed by the Ministry of Electricity, learned Al-Borsa.
General Electric (GE) has expressed its willingness to participate in constructing new and renewable energy plants in Egypt, the GE Vice President said according to a Monday cabinet press release.