Tourism ministry refuses tax for historical hotels based on market value: Official

Ministries of Finance and Tourism negotiate estate tax calculation measures for historical hotels in light of estimation difficulties

Abdel Razek Al-Shuwekhi

Egypt targets 20% growth in tourist numbers by end of 2015: Minister of Tourism

Tourism ministry targets 12 million tourists during next year within ministry’s recovery framework

Abdel Razek Al-Shuwekhi

E-commerce fraud spreads in Egypt, lack of counter-fraud laws: CPA head

Consumer Protection Agency demands Egyptian Telephone Directory filter its database to cut down on fake companies

Shaimaa Al-Aees

Surplus in Egypt-Algeria trade balance in Egypt’s favour

The surplus is equivalent to approximately $43m, where in 2013 trade balance recorded a deficit of $ 89.9m

Menna Samir

Germany to allocate Є100mdevelopment cooperation to Egypt: Ambassador

German companies need additional information about the investment climate from the Egyptian government to determine their position in participating in the economic summit: Hansjörg Haber

Daily News Egypt

Chinese ‘antiquities’ scattered in Egyptian bazaars

Many tourist bazaars were closed, abandoned by tenants or turned into cafes, says Hussein Al-Gabry

Shaimaa Al-Aees

1H of FY 2014/2015 sees tax revenue rise, decreasing budget deficit growth: Finance ministry

Financial grants recorded EGP 7.8bn in 1H FY 2014/2015 compared to EGP 36.8bn in 1H FY 2013/2014

Doaa Farid

6-year-high in capital market, EGX-30 reaches 10,055 points

13 companies listed during 2014, new listings expected in 2015

Sara Aggour

Egypt reviles ISIS killing of Jordanian pilot Al-Kasasbeh

Several solidarity marches took to the streets following prayer for him in Amman

Menan Khater

Qalaa Holding exits shares in Pharos Holding

Deal has been valued at EGP 40m

Doaa Farid