Latest Business News
Hilton, Movenpick, IDBE, October for Real Estate Development submit requests to end tax disputes
Government sources said that the Ministry of Finance is preparing to hold…
Operation, maintenance for electricity plants to cost EGP 11bn in 2017: Electricity Ministry
Electricity Ministry collects EGP 7bn in bills revenues, awaits EGP 4bn from…
Net foreign exchange reserves increase to $24.265bn: CBE
This means that the CBE has neared its target of foreign exchange…
Apple deletes New York Times apps in China
As part of a heavy-handed crackdown on foreign media, Apple has complied…
Deutsche settles another of its myriad lawsuits
Germany's biggest lender, Deutsche Bank, has agreed to pay a fine of…
Bazaars turn to tombs on the backs of price hikes and the tourism crisis
30% of owners permanently closed their shops, 50% closed down temporarily
Pickalbatros buys 50,000 sqm in Fifth Settlement to establish a hotel
Company working to complete Beach Albatros Marsa Alam, with investments of EGP…
Tourism sector pushes to postpone application of VAT for a year
Application of tax would increase prices by 100%, says Ahmed Balbaa
Electricity Ministry returns letters of guarantee from 10 companies
The Egyptian Electricity Transmission Company refunded EGP 97.9m, and the New and…