Egypt has extended the exemption period granted to mobile phones brought by Egyptians living abroad from 90 days to 120 days, starting April 1st, according to a statement.
Minister of Finance Ahmed Kouchouk decided to advance the disbursement of outstanding salaries for government employees for March, starting on April 7th, according to a statement.
Non-bank financial services provider Contact Financial Holding (CNFN) reported consolidated operating income of EGP 2.8 billion in 2025, marking a 12% year-on-year (YoY) increase.
Palm Hills Development Company (PHDC) reported a 29.55% year-on-year (YoY) growth in consolidated net profits after tax and non-controlling interest for 2025 to EGP 4.216 billion from EGP 3.254 billion.
Minister of Investment and Foreign Trade Mohamed Farid met with a delegation from General Motors to discuss the company's expansion plans in Egypt.
