Latest Business News
IMF forecasts 4.9% contraction in 2020 global economy due to COVID-19
Fund expects negative growth for all regions for first time in its…
Opinion| Ensuring business continuity through digitalisation
The number of people experiencing working remotely in this situation is immense,…
80% of Karish and Tanin development in Mediterranean completed: Energean
Project begins in Q4 of 2020
Nestlé to launch healthier choices programme for consumers
Packaged products given nutritional score based on components according to colour-coded system
Egyptian Treasury yields rise sharply as subscription rates drop
The sharp movement in the yield curve was accompanied by a drop…
Income Tax Law amendments address distortions in tax system: Finance Ministry
Amendments will also see improved tax brackets and across the board tax…
14 Marsa Alam hotels receive 10,400 Egyptian repatriates from 3 April to 27 May
Several Marsa Alam hotels have been set aside for repatriated Egyptians who…
ADNOC signs $20.7bn deal to develop UAE energy infrastructure
The company added that investors will acquire a 49% stake in ADNOC…
Egypt’s tourism companies welcome Hajj cancelling for visitors, raise financial concerns
Saudi decision will cost Egypt’s tourism, aviation companies about EGP 2.5bn, says…
Chambers of commerce to submit conceptualisation for shop closing times to FEDCOC
Commercial shop closing times are being studied in coordination with concerned authorities…