(Others) – Egyptian President Mohamed Morsi has retracted his Sunday decisions to increase tax burdens on the Egyptian people, and ordered the government to carry out a “social dialogue” on the measures before implementation.
In a statement issued on his official Facebook page at around 2 am on Monday, Morsi said he had put on hold the measures of raising sales taxes on a wide range of cons
Egypt’s President Mohamed Morsi opened a factory to produce styrene and polystyrene in Alexandria’s Dekheila Port at a total investment cost of $408 million. The factory, built with a 100% Egyptian capital, is expected to produce 200,000 tons annually and is part of national petrochemical projects. The project’s funding was the fruit of cooperation between the petroleum sector, Finance