}

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Egypt extends shop closing hours to 11pm until April 27th

Egypt will allow shops, malls, restaurants, and cafés to operate until 11pm starting Friday, April 10th, and continuing through Monday, April 27th.

Updated 4/9/2026 6:41:00 PM
CBE mandates Sunday remote work for banks to curb energy use amid regional tensions

The Central Bank of Egypt (CBE) will implement a remote work policy on Sundays, effective April 5th, in line with government directives to rationalize energy consumption amid regional tensions.

Updated 3/31/2026 12:19:00 AM
Egypt agrees to slash investment spending by 15% in FY2023/24

The Egyptian cabinet approved a draft decision to rationalize investment spending by 15% under the economic development plan for the current fiscal year (FY) 2023/2024.

Updated 2/1/2024 12:01:00 PM
Cabinet ratifies draft resolution to rationalize spending in FY2023/24

The Egyptian cabinet has endorsed a draft resolution on the rationalization of the government spending for the fiscal year (FY) 2023/2024 amid the current foreign currency shortage.

Updated 11/5/2023 7:55:00 AM