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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. […]

BP Invests € 11 billion Euro to Develop Gas Project in Egypt

British Petroleum has announced an investment of 11 billion euro for the development of landmark gas project in Egypt’s West Nile Delta (WND) sites expected to produce up to 1.2 billion cubic feet a day, equivalent to about 25 per cent of Egypt’s current gas production. According to BP, the WND output will significantly boost […]

Morocco, Belgium discuss ways of upgrading their partnership, meeting shared challenges

Morocco and Belgium have discussed this Wednesday in Brussels ways of upgrading their partnership and meeting current and future shared challenges. This came at a meeting between Head of Government, Aziz Akhannouch, and Belgian Prime Minister, Alexander De Croo. The two sides expressed satisfaction at the partnership linking the two kingdoms, and examined ways of […]