foreigners
Foreigners may not practice work except after obtaining a license to do so from the competent ministry, and they are authorized to enter the country and reside for the purpose of work.
Foreigners residing illegally in Egypt have to legitimatize their residency in three months provided that they should be hosted by Egyptian citizens, and they should pay $1,000 in administrative fees as per the rules and conditions set by the Ministry of Interior, the Cabinet decision added.
The Cabinet finalized drafting an amendment to law no.230/1996 regulating the ownership of real estate and lands by foreigners.
The press conference was held to clarify a set of facts related to the draft law of the Suez Canal Fund after a controversy has been raised recently regarding the fund.
The Egyptian Labor Law defines controls regulating the work of foreigners, and the conditions for their practice of work inside Egypt, in private sector establishments, public sector units, the public business sector, public and local administrative bodies, and the state’s administrative apparatus.
Engineer Hossam Sadiq, Executive Director of the General Authority for Comprehensive Health Insurance, explained that the authority bears the burden of the costs of treating any disease from the birth of the citizen until his death.
Egyptian citizens considering marriage from foreigners should meet some conditions in order to register their marriage contracts, in accordance with the Egyptian law.
The law in Egypt has set a number of procedures and requirements that regulate the residence of foreigners in the country, to preserve the safety of the foreigners and that of the homeland as well.
The Central Agency for Public Mobilization and Statistics (CAPMAS) released Thursday the annual report on foreigners working in the private sector in Egypt for the year 2020.
A foreigner may acquire the Egyptian nationality in four cases as long as he does not have a mental disability and has never been convicted of a crime, unless he was later acquitted.
The applicants shall submit their forms online and pay $10,000 in fees or its equivalence in Egyptian pound. Then, the unit shall consider the application within only 3 months.
The House of Representatives (the lower house of the parliament) approved on Sunday new amendments to the law of Entry and Residence of Foreigners in Egypt that grant citizenship to foreigners who inject their investments into the country.
The applicants shall submit their forms online and pay $10,000 or its equivalence in Egyptian pound. Then, the unit shall consider the application within only 3 months.
The benchmark EGX30 rose 0.70 percent, or 117.38 points, to end at 16,999.10 points.
The Egyptian Exchange (EGX) ended Tuesday in green for the second consecutive session, amid foreign purchases.
The benchmark EGX30 increased 2.14 percent, or 350.67 points, to end at 16,742.15 points.
The benchmark EGX30 rose 0.54 percent, or 88.21 points, to end at 16,472.28 points.
The Egyptian Exchange (EGX) indices recorded an increase for the fourth consecutive session by the end of Wednesday trading, amid foreign purchases.
The benchmark EGX30 rose 1.99 percent, or 313.25 points, to end at 16,022.26 points.
The benchmark EGX30 rose 1.22 percent, to end at 15,709.01 points.
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