Ministries of Finance, Tourism fail real estate tax dispute resolution for Cairo, Alexandria hotels

Ministries’ efforts failed to use standard substitution value instead of market value in calculating hotels’ real estate tax

Abdel Razek Al-Shuwekhi

$6bn foreign company investments in FY 2015/2016: El Molla

Total foreign investment, which is being pumped this year, is estimated at $7.5bn.

Mohamed Adel

Chris Bush to miss Miami Heights till end of season

hris Bush was chosen to join the Toronto Raptors as a professional player in 2003, after he participated in the NBA Draft. This has witnessed the rise and success of…

Daily News Egypt

UBIFRANCE, IFA merge to form Business France

UBIFRANCE and the IFA (Invest in France Agency) merged to form Business France, according to a statement from the French embassy in Cairo on Wednesday. Business France is a national…

Daily News Egypt

Egypt purchases wheat worth over $79.1m

The delivery of purchased quantity will be supplied mid- to late-April

Sara Aggour

Terra Sola proposes $3.5bn solar energy investment

Project is expected to generate annual revenue of $760m, says Chairman

Doaa Farid

Egypt funds first of several dams in South Sudan

Small dams will not affect Egypt's water share, says expert

Aya Nader

2 prisoners allegedly die of torture in Matariya Police Station

Families accuse security forces of torturing relatives to death, interior ministry claims deceased suffered circulatory collapse

Adham Youssef

9-year-old child to face military court in Fayoum

Alongside father, the minor is charged with attacking public facilities and security forces

Emir Nader

Parliamentary elections’ procedures fail to abide by deadlines, causing delays

“Cancelling elections now saves the state a waste of EGP 1bn,” says former State Council president

Amira El-Fekki