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November 29 2023

Today, the Sheikh Economy continues to discuss the study “Improving the Investment Climate”

The Senate Financial, Economic and Investment Affairs Committee, during its meeting today, Tuesday, headed by Representative Gamal Abdel Halim, the committee’s representative, continued discussing the study submitted by Representative Yasser Zaki, the committee’s representative, regarding “investment obstacles and incentives to improve the investment climate and encourage foreign direct investment,” and the study submitted by Representative […]

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November 25 2023

Under consumer law, the warranty issue is resolved when purchasing electrical appliances

Consumer Protection Law No. 181 of 2018, specifically Article Twenty-Three, addresses the problem of warranty during buying and selling operations between the consumer and the merchant, as the warranty includes detection, inspection, repair and original spare parts, in addition to bearing the expenses of transporting technicians and the expenses of transporting the product when repair […]

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November 21 2023

The Ministry of Commerce hosts a meeting of officials from the Egyptian Federation of Industries and Chambers of Commerce

The Ministry of Commerce and Industry hosted an expanded meeting of the Minister of Commerce and Industry, Engineer Ahmed Samir, and his Saudi counterpart, Dr. Majid Al-Qasabi, with a delegation of Saudi investors and officials of the Federation of Industries and the Federation of Chambers of Commerce, in the presence of Dr. Iman Al-Mutairi, Saudi […]

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November 21 2023

4 data that the law requires to be mentioned in the individual employment contract in the private sector

Labor Law No. 12 of 2003 specified the data included in the individual employment contract, including a special chapter under the title “Individual Employment Contract,” and stipulated that the provisions of this chapter apply to the contract under which a worker undertakes to work for the employer and under his management or supervision in exchange […]

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November 21 2023

“Al-Salem” to “Sabq”: The “visiting investor” visa is a step to stimulate investment and strategic development in Saudi Arabia

The Kingdom of Saudi Arabia enjoys an important position on the global stage as one of the largest economies in the world, and as a leading investment destination, as it is currently witnessing a major transformation in the business and trade sector, and is making intense efforts to enhance the investment climate and provide new […]

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November 13 2023

Taxes: Those required to receive electronic receipts are required to register for the Citizens Stimulus Program

Dr. Fayez Al-Dabaani, Head of the Egyptian Tax Authority, stressed that the program (Your Invoice… Your Protection and Your Reward) is a tool for seeing the economy more clearly, as well as a tool for including the informal economy into the official system, calling on taxpayers who are obligated to issue electronic receipts to quickly […]

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November 13 2023

Head of Engineering Industries: Export of silica dust worth 116 million pounds in one year

Engineer Khaled El-Feki, President of the General Syndicate for Engineering, Metallurgical and Electrical Industries, and member of the Board of Directors of the Holding Company for Metallurgical Industries, which owns the Egyptian Ferroalloy Company, revealed that the latter is a model in export that all sister public business sector companies affiliated with the holding companies […]

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October 10 2023

Prime Minister: Suspending comments and marks on some production requirements for a period of 6 months

Dr. Mostafa Madbouly, Prime Minister, said that it was agreed with the Minister of Finance to suspend a number of duties and customs on some production requirements for a period of 6 months, explaining that an agreement was reached on 7 basic commodities with a reduction from 15 to 25%, which are the commodities “sugar […]

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September 25 2023

The Small and Medium Enterprises Law specifies the fees for obtaining a temporary license

The Micro, Small and Medium Enterprises Law specifies the tax due on micro-enterprises from informal economy projects during the period of validity of the temporary license according to the following principles: A fee is collected for obtaining the temporary license stipulated in Article (71) of this law, which does not exceed the following maximum: This […]

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September 25 2023

New controls and procedures for inspecting goods in the customs office in accordance with the customs law

The Customs Law stipulates that the goods must be inspected at the customs office, and if the import or export of goods is subject to restrictions from any competent authority, they are not allowed to be brought in or taken out unless they meet the required conditions. The Customs Law grants the Customs Authority the […]

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