Arab Finance Interview with Mohamed Khattab, Managing Director Inovasys
Investors in Upper Egypt governorates, classified as “Area A”, are eligible for tax deductions of up to 50% of investment costs, Minister of Investment and Foreign Trade Hassan El-Khatib stated.
Damen epayment has entered a strategic collaboration with ADI Consumer Finance, the consumer finance arm of Abu Dhabi Islamic Bank–Egypt (ADIB), to allow users of the Takka app to pay installments through Damen’s payment machines.
Egypt welcomed around 19 million tourists in 2025, recording a 21% growth rate compared to 2024, according to a statement issued by the Minister of Tourism and Antiquities.
The Ministry of Transport denied all circulated news claiming the price of the EGP 8 Cairo Metro ticket rose to EGP 10.