Egypt and China have sealed a landmark $1 billion agreement to establish a major tire manufacturing facility in the Suez Canal Economic Zone (SCZONE), a move aimed at boosting Egypt’s …
Category:
North Africa
- BusinessEconomyEgyptGovernment PolicySmall BusinessTaxation
Egypt Makes Simplified Tax System a Permanent Support for Small Businesses
Egypt has taken a big step to ease the tax burden on small and micro-enterprises by making its simplified tax system a permanent feature of the country’s business environment. The …
The National Oil Corporation (NOC), Libya’s state-owned body in charge of managing and regulating the country’s vital oil and gas sector, has released new figures showing steady production levels for …
- BusinessEconomyEnergyLibyaOil & GasPublic Services
Brega Oil to Boost Cooking Gas Supply in Western, Southern Libya
Brega Oil Marketing Company, one of Libya’s key fuel and gas suppliers, has announced new measures to make the distribution of domestic gas cylinders more efficient in the western and …
- Business and EconomyChina-Africa RelationsCorporate StrategyEconomyEgyptForeign AffairsIndustrial DevelopmentInfrastructureINVESTMENTManufacturing
Egypt, China’s Sailun Group Sign $1 Billion Deal for Tire Factory in Suez Canal Economic Zone
Egypt has entered into a major $1 billion agreement with China’s Sailun Group to build a large automotive tire manufacturing plant in the Suez Canal Economic Zone. The deal, announced …
- EgyptGovernment PolicyHousingLegal AffairsNewsReal EstateTenants and Landlords
Egypt Begins Implementation of New Old Rent Law Procedures
Egypt’s Ministry of Housing has announced the start of official steps to implement the new “old rent” law, with a focus on Article 8, which defines the rights and responsibilities …
- BankingEconomyFinancial RegulationInternational StandardsNorth Africa
CBL Introduces New Rules for Foreign Currency Deposits
The Central Bank of Libya (CBL) has announced fresh regulations for depositing foreign currency cash into bank accounts, a move the authorities say is aimed at improving transparency, strengthening financial …
The High National Election Commission (HNEC) of Libya has commenced third-level training for polling staff ahead of the second phase of municipal elections, according to a statement released on Saturday. …
Algeria’s government has announced a plan to build three “green” cement plants in different parts of the country as part of its effort to reduce pollution and support clean energy. …
- International RelationsMiddle eastNorth AfricaPolitics
Analyst Warns European Powers Seeking Control Over Libya’s Political Process
Turkish political analyst Muhannad Hafizoglu has accused European powers of trying to control Libya’s political future through what he called weak and symbolic international efforts. In an interview with regional …