King Casa

Egypt: Tax revenue growth, plans for economic stimulus

Egypt’s tax revenues surged by 38 percent in the first half of the 2024/2025 fiscal year, according to Finance Minister Ahmed Kouchouk. During a panel organized by the Egyptian Association for Direct Investment and Venture Capital, Kouchouk attributed this growth to the Government’s ongoing efforts to broaden the tax base and strengthen cooperation with taxpayers. […]

Libya Confirms Major Oil Discovery in Sirte Basin

Libya’s National Oil Corporation (NOC) has announced a significant new oil discovery in the Sirte Basin, located in central Libya. The find was made by the Austrian energy company OMV through its Libyan branch, marking the firm’s first exploration activity in the region. According to the NOC’s statement released on Wednesday, October 29, preliminary tests […]

Sudan warring sides agree to resume cease-fire talks brokered by US, Saudi Arabia

As the conflict between two warring factions in Sudan has already left thousands dead and millions have been forced to flee, the Sudanese Armed Forces (SAF) will resume another round of talks with the paramilitary Rapid Support Forces (RSF) in Jeddah, Saudi Arabia, on Thursday (26 October), aiming to secure access for humanitarian aid to […]