Latest Business News
Tourism sector depends on domestic tourism for financial recovery
Companies have seen shrinking profits through the end of September 2015
50% expected decline in airport revenues in Q4 2015
Airlines Company lost part of freight fees and EgyptAir Cargo is the…
Tourism raises the white flag
The Ministry of Antiquities’ debts to the Ministry of Finance and contracting…
EGX-30 down 2% despite opening session of parliament
A total of 596 MPs were sworn into office during the first…
Egypt obtains KWD 30m loan to fund electricity linkage with Saudi Arabia: Cabinet
China grants Egypt $31.5m for projects to be agreed upon in upcoming…
Coordinating Council targets inflation rate lower that 10%
The government presents to the parliament a legislation package headed by VAT;…
ITIDA allocates EGP 40m for IT exports
Chargé D’affaires of the Executive Director of ITIDA Hossam Othman said the…
Annual inflation rate increased by 0.1% in December
Expert predicts surge in foreign reserves, and decline of inflation rate following…
EGX discusses four major issues with the government in 2016
The postponement of the capital gains tax tops EGX’s agenda; EGX will…
Modern Waterproofing Co. develops plan to offset 2015’s losses
The company's issued capital and paid capital is EGP 119m, divided over…