Latest Business News
45% decrease in non-tax revenues during 8 months
Total income tax revenues decreased to 28% during the period from July…
Emirates NBD Egypt net profit hikes 22% in 2014
Total assets increased by 20%, registering over EGP 24.3bn
2 agreements to increase the production capacity of MIDOR refinery lab
Production per year will increase to 245,000 tonnes of butane and about…
Annual inflation jumps to 11.8% in March
CAPMAS attributed the rise to increase in food commodities’ and beverage products’…
Electronic visa potentially to boost tourism, draw new visitors
The new system, expected to come into effect in eight months, will…
Hotels, companies concerned over increasing energy prices: Tourism workers
Finance Ministry decreases financial allocations for new and renewable energy from EGP…
Egyptian-Sudanese agreement to provide postal parcels
A Sudanese Post delegation visited Egypt in the framework of Egyptian interest…
Arab Fund loans Egypt $216m for power station
Egyptian minister of international cooperation held meetings in Kuwait, in framework of…
NUCA budget doubled to EGP 28bn in FY 2015/2016
New Upper Egypt cities will have a share in Authority’s development plans
Shell to acquire BG for $70bn
25% increase in oil and gas reserves of Royal Dutch Shell