Latest Business News
Government aims for 15.8% tax revenues growth in FY 2015-2016
Expected tax revenues for FY 2015-2016 are EGP 422bn, through application of…
Egypt reduces petroleum products subsidies to EGP 61bn during FY 2015/16: El Molla
Expected decline in fuel consumption is 5% during new fiscal year, says…
Budget outlines: Short notice, ambitious goals
Budget draft revealed 12 days before beginning of new fiscal year
Motivational industrial strategy to advance public business sector: Investment Minister
EGP 5.6bn exports targeted by the Metallurgical Industries Company in FY 2015/2016,…
Ministry of Housing to allocate 5,000 land parcels in 10 new cities.
Draw entry fees are EGP 25,000 as down payment in cash or…
11.3 million citizens targeted for Citizen’s Account project: Communications minister
Project includes insuring clients' lives and linking them to investment account
Shipment of liquefied natural gas arrives in Ain Sokhna
We repay the value of liquefied natural gas periodically: Abdel Badie
Youth launch campaign to boycott telecommunication companies on Thursday
The movement specified the boycott time from 5pm to 10pm, and so…
Fitch confirms Egypt’s “B” rating, outlook is stable
Budget deficit expected to decrease to 11.6% of GDP in FY15, in…
Banks invest over EGP 159bn in fixed income tools in 1 week: CBE
EGP 138.7bn invested in CBE and EGP 20.75bn in treasury bonds, treasury…