Latest Business News
Egypt to import 3m barrels of crude oil per month from Kuwait, contract to end in September
Facility will be allowed for full payment within 30 days for an…
Expenditure on subsidy, grants, social benefits increased by 52% in July-October FY 2015/2016
The increase was attributed to a rise in bread and ration commodity…
Tax reconciliations amounted to EGP 48m in 2015: ETA
Sales tax proceeds amount to EGP 1.5bn, while income taxes collected record…
CBE to decide upon the United Bank’s board of directors within days
Sources suggest a 3-month renewal
CES 2016: Connected cars and smart drones
From drones and robots to jewelry, appliances and TVs, the new technology…
ISAQ Aviation UK to launch Egyptian branch to train pilots: ISAQ Chairman
500 flight hours are provided per person to qualify them to work…
11.6% increase in assets of Egyptian banking sector during first 9 months of 2015: UAB
Regulatory actions taken by CBE s capable of protecting Egyptian banking sector…
Global hotel project on 250,000m square in Sharm El-Sheikh has investment of EGP 2.4bn
Improving infrastructure of hotels and increasing their efficiency is "necessary" at times…
Egyptian Real Estate Council to prepare initial draft of Real Estate Developer’s Union Law
The Union will classify real estate companies into categories according to the…
Egyptian-Chinese MOUs signed for administrative capital projects
Projects include construction of new governmental buildings and 15,000 residential units
