Latest Business News
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…
United Bank of Egypt to finance 1,000 housing units in Suez
The bank announced launching the project for those with low-income through a…
CBE awaits first segment of World Bank loan to support foreign reserves
Foreign reserves are facing major challenges by the beginning of 2016; repaying…
