Category: Affairs

PM reviews situation of Ras el Hekma project

Prime Minister Moustafa Madbouli headed a meeting on Saturday 27/7/2024, before starting an inspection tour in New Alamein city, where he listened to an explanation on the situation of Ras el Hekma project and the urban gathering in western Dabba in a…

WB chief affirms keenness on promoting partnership with Egypt

President of the World Bank (WB) Group Ajay Banga affirmed keenness on promoting partnership with Egypt during the upcoming period, in line with priorities of the newly-appointed government toward boosting development in all sectors.

The president of…

Turkey to offer $30 billion in high-tech incentives

Istanbul, His Excellency Recep Tayyip Erdogan, President of the Republic of Trkiye, announced that Trkiye will provide $30 billion in financial grants and tax incentives for high-tech investments.

His Excellency unveiled the high-tech incentives prog…

Gulf Air signs an agreement with GAPTU

Paris, Gulf Air, the national carrier of the Kingdom of Bahrain, announced that it has signed a Collective Labour Agreement with the Gulf Air Pilots Trade Union (GAPTU). The agreement settles a longstanding dispute over pilot employment terms and allo…

Egypt’s external debt decreases by $14 billion in 5 months

Egypt’s external debt has decreased to $153.9 billion at the end of May 2024, compared to $168 billion at the end of last year, according to an official statement quoting an anonymous central bank official.

Egypt received $35 billion in Emirati suppo…

Sherif Farouk: Price of subsidized bread ‘unchanged’

Minister of Supply and Internal Trade Sherif Farouk announced that the price of subsidized bread, which is sold at 20 piasters per loaf on ration cards, will not change despite the recent increase in diesel prices.

The General Authority for Supply Co…

GUPCO to invest $226 mln in drilling 5 petroleum wells in Egypt

Minister of Petroleum and Mineral Resources Karim Badawi has visited the production facilitation platform of the North Safa marine field in the Gulf of Suez’s Northeast Ramadan concession area, which belongs to GUPCO and the Emirati company Dragon.

B…

Ministry of Finance Unveils Unified Salary System Draft Law

Tripoli:The Ministry of Finance of the Government of National Unity has released a draft law for a unified salary system, which includes detailed provisions on salaries, allowances, and proposed pay scales across various job grades and categories with…

Ministry of Finance Unveils Unified Salary System Draft Law

Tripoli:The Ministry of Finance of the Government of National Unity has released a draft law for a unified salary system, which includes detailed provisions on salaries, allowances, and proposed pay scales across various job grades and categories with…