Latest Business News
FEB calls for real estate tax emption for banks holding foreclosed properties
The FEB will submit the memorandum to Tarek Amer, governor of the…
South Valley Cement Company to decide on cement licenses with $200m investment by April
The meeting will also decide on a plan for expanding the production…
Agreements signed during Saudi king’s visit to double investment in Egypt: Abo El-Enin
Saudi Arabia aims to attract foreign investment of SAR 1tn in the…
Implementation of VAT to generate EGP 35bn in FY 2016/2017: Ministry of Finance official
Parliament is yet to discuss and vote on the implementation of the…
The Egyptian real estate leaders: how well are they doing?
The business of the Egyptian real estate market has been flourishing despite…
Meeting between King Salman, Al-Sisi will result in major investments in both countries: SECON CEO Darwish Hassanin
The company is looking to participate in major projects in Egypt in…
290 ships carrying 16.2m tonnes transit the Suez Canal last week
An average of 41.4 ships transited the canal per day during the…
CBE’s microenterprise initiative remains under discussion
The CBE is holding meetings with relevant bodies to launch the initiative,…
NBE aims to reduce delayed debt payments by June: deputy chairperson
The National Bank of Egypt currently has an outstanding debt of EGP…