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The difference between the new and old labor law

Incentive measures to reduce production and export, creating a business environment that encourages investment

Ahmed Amawi, Head of the Customs Authority, conducted a field tour of the customs sites at Port Said Port, inspected developments in the Customs Club facilities, met with the Governor of Port Said, as well as the Vice President of the Suez Canal Economic Zone, and held a dialogue seminar at the Chamber of Commerce […]

Planning: $47 billion in foreign direct investment by 2024

2024 witnessed shifts in global investment patterns, while Egypt’s presence was strong in attracting foreign direct investment (FDI), according to a report by the United Nations Conference on Trade and Development (UNCTAD). A report by the Ministry of Planning, Economic Development, and International Cooperation highlighted the efforts undertaken by the Egyptian government to implement an […]

Planning: 150 Chinese companies operating in the Chinese Industrial Zone in Egypt, providing 10,000 job opportunities.

Egyptian-Chinese relations span decades of close cooperation based on mutual respect and shared interests. The comprehensive strategic partnership between the two countries, launched in 2014, represents a successful model of South-South cooperation and contributes to mutual development. The historic visit of the Chinese President to Egypt in 2014 was an important starting point in Egyptian-Chinese […]

After the “Golden License”, global factories are launched in Tenth of Ramadan

10th of Ramadan City is one of the most prominent industrial cities in Egypt, as it has become a strategic destination for localizing many global industries, thanks to the golden license that grants facilities to investors. This license aims to attract foreign and local investments and overcome obstacles facing major industrial projects, which enhances Egypt’s […]

Foreigners’ Residence in Egypt

Egypt has long been a key destination for foreigners, whether for business, education, tourism, or investment. The country’s rich cultural heritage, strategic location, and developing economy make it an attractive place for individuals from around the world to live and work. As such, Egypt has established a range of legal frameworks to regulate the residence […]

Prime Minister Delivers Factory Contracts to Investors in the First Phase of the Leather Tanning City

Following the conclusion of the First Factory Offering Conference in the Leather City in Robbiki, Prime Minister Dr. Mostafa Madbouly, accompanied by Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Engineer Kamel El-Wazir, inspected the third phase of the city included in the new offering. This phase covers 111 acres, fully […]

Tax incentives for informal economy projects throughout the temporary license period

Law No. 152 of 2020 promulgating the Law for the Development of Medium, Small and Micro Enterprises specifies the tax due on informal economy projects whose business volume reaches one million pounds and does not exceed ten million pounds during the validity period of the temporary license according to the following principles: It is worth […]

Cases that require annulment of the settlement by the Restructuring Law.. Know them

The Law Regulating Restructuring, Protective Composition, and Bankruptcy grants the court the right, upon the request of every creditor to whom the terms of the composition apply, to decide to annul the composition if the debtor fails to implement the terms of the composition as agreed upon, and if the debtor acts after ratifying the […]

In dollars.. The government: allocating plots of land in 11 cities to foreign companies

The Council of Ministers announced the approval of the Board of Directors of the New Urban Communities Authority, in its 186th and 187th sessions, held on February 11 and 19, 2024, of requests to allocate some plots of land to a number of companies, using the system of selling in US dollars from outside the […]