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House of Representatives greenlights Centamin's 30-year Sukari gold mine exploitation

The Egyptian House of Representatives has finally approved the draft law on the exploitation of gold ore and related minerals in the Sukari gold mine.

Updated 7/7/2025 2:28:00 AM
Egypt's Parliament approves EBRD's expansion plans into Sub-Saharan Africa, Iraq

The House of Representatives agreed upon presidential decision No. 70 of 2025, which approved decisions No. 259 and 260 of the European Bank for Reconstruction and Development's (EBRD) Board of Governors on expanding the bank's operations in sub-Saharan Africa and Iraq.

Updated 3/25/2025 7:19:00 AM
Parliament ratifies $500M loan from Deutsche Bank, Bank ABC

The Egyptian House of Representatives has approved the $500 million loan agreement signed by the government with Deutsche Bank and the Arab Banking Corporation (Bank ABC).

Updated 10/31/2023 7:32:00 AM
Parliament ratifies 5 draft laws allowing Petroleum Ministry to explore oil

House of Representatives has ratified a draft law authorizing Minister of Petroleum and Mineral Resources Tarek El Molla to contract with the Egyptian Natural Gas Holding Company (EGAS) and IEOC Production B.V. to explore and exploit natural gas and crude oil in Tiba area in the Mediterranean.

Updated 6/14/2023 8:42:00 AM
Parliament greenlights 27.5% new income tax bracket

House of Representative has approved a new tax of 27.5% levied on citizens earning over EGP 1.2 million a year.

Updated 5/30/2023 8:32:00 AM
Parliament gives final nod to new package of tax, fee hikes

The House of Representatives gave final approval to a new package of tax and fee hikes, including stamp, departure, and entertainment activities taxes.

Updated 5/30/2023 8:06:00 AM
House of Representatives approves in principle new package of tax hikes

The Egyptian House of Representatives has approved in principle a new package of tax and fee hikes, including stamp, departure, and entertainment activities taxes

Updated 5/29/2023 8:12:00 AM
Egyptian parliament preliminary approves amendments to Egyptian Nationality Law

Egypt’s House of Representatives has preliminary approved some amendments to the Egyptian Nationality Law that would make it easier for foreigners to obtain citizenship.

Updated 4/13/2023 8:49:00 AM