Latest Business News
Tax reconciliation with SMEs contradicts function of Egyptian Tax Authority
Supreme Council for Investment approves tax exemption for profits of land reclamation…
Economic Affairs Committee to propose exchange bureaux be obliged to deposit US dollars at CBE for 5 years
There are 91 currency exchange companies, some of which own 20 branches,…
IDA to put controls on offering industrial lands in Upper Egypt free of charge
Supreme Council for Investment approves offering lands in the New Administrative Capital…
Supreme Council for Investment issues resolution package to revive economy, stimulate investment
The Supreme Council for Investment in its first session on Tuesday has…
EGX celebrates freezing capital gains tax, rises 0.91%
The decision will attract new investors, and lead next governmental and private…
Informal US dollar rate expected to drop if banks refrain from accepting foreign exchange
Current procedures by government, CBE target to reduce demands for US dollar, and we should work on increasing…
Ministry of Finance approves final calculation of 2015/2016 public budget with total deficit of 12.2%
Minister of Finance Amr El-Garhy approved the final calculation of the public budget for…
Number of tourists to Egypt drops by 41% y-o-y: CAPMAS
The number of tourist arrivals from all countries reached 473,000 during September…
CBE consideres obliging banks to not accept foreign currency from anonymous sources
The move aims to lay siege to the informal market and crack…