Latest Business News
Finance minister amends executive income tax regulation
Amendments entail imposing tax on dividends achieved by an individual whose transactions…
Moody’s expects Egypt economy to grow 4.5% by June 2015: Finance Minister
Non-banking financial activities witnessed significant growth last year, 2015 indicators are promising,…
Officials reflect on possibility of 12 million tourists targeted by year-end
Egypt targets 20% growth in tourist numbers next winter, 15% next summer
Tourism revenues rise to $4.5bn in 1H current FY: Official
Ministry of Tourism aims to increase sector’s income to $10bn by end…
Samsung acquires 70.8% smartphone sales, maintains top spot in Egyptian market
Talking to Daily News Egypt on the company’s Egypt market share, El-Gamal…
DrBridge seeks investments at $4m to start foreign expansion: CEO
We plan to expand externally by the end of 2015, and are…
Moody’s raises Egypt’s credit rating to B3
Moody's Corporation estimated a decrease in Egypt’s budget deficit to 10% of…
Finance ministry to borrow EGP 249bn through bonds, treasury bills
The ministry will issue treasury bills worth EGP 33.5bn for 91 days,…
Capital taxes fuel row between authority, brokers
Approximately EGP 250m were collected in 2015: MCDR Head
Egyptian-Emirati project to reclaim 220,000 acres using solar energy
The project also aims to transform region into attractive area for residents