Latest Business News
Low Marsa Alam hotel occupancy threatens EGP 15bn investments: Deputy Chairman
Marsa Alam occupancy rates are at 25%, some hotels forced to shut…
EFG Hermes registers EGP 136m net profits in Q1 2015
Operating revenues increased by 7% YoY during the same quarter
Investments targeted using Google Maps
A new website launched on Saturday seeks to reopen closed facilities and…
Weekly average salary reached EGP 806 in 2014: CAPMAS
The weekly average working hours in both sectors reached 56 hours, recording…
Google evades taxes worldwide
Google is repeating a familiar story by avoiding tax payments, to achieve…
Vast growth in local Internet advertising in 2015
Advertising through the Internet is vastly growing during this period, said Natalie…
Middle East Internet advertising spending to reach $666.4m by 2018
An advertising spending report by strategy consultancy firm McKinsey & Company has…
Tax law collects 20% from online advertisers
According to Article 60, the law imposes a tax of 15% of…
UAE to invest $2bn in Egypt in next FY in housing projects: Investment Minister
UAE Minister of State to coordinate between Kuwaiti, Saudi and Egyptian governments…
EGP 37bn to support food commodities in current FY: Supply minister
Volume of imported wheat in this fiscal year drops 40% to 4.6m…