Latest Business News
Dues to foreign companies increase by $300m
Dues to foreign companies operating in the oil sector have increased by…
Petroleum agreements stipulate interest on the government’s dues to its partners
All petroleum agreements stipulate an interest on dues owed by the government…
Government reduces gas to plants to solve power crisis
590m cubic feet of gas reduction for fertiliser and cement
Tourism companies demand widening Sharm El-Sheikh-Cairo road: ETAA Transport Committee chairman
The Egyptian Travel Agents Association requests that Sharm El-Sheikh—Cairo road be expanded…
Electricity ministry aims to attract private sector investment for Inga dam
A connection will be made between the Congolese and Egyptian dam, says…
Suez Canal investment certificates announced Monday: Finance ministry official
The official expected the certificates to collect between EGP 30bn and EGP…
33 killed after 2 tourist buses collide in Sinai
Prosecution team has moved to the scene to find out the reason…
Ministries of Housing, Industry to settle with 1,250 New Cairo factories to resume work
Concession agreements will be adopted and operation licences issued immediately to allow…
Finance ministry announces issuance of EGP 14.2bn for settlement of insurance indebtedness agreement
Bonds issued at an interest rate of 9%
Businessmen want Wealth Tax to be paid in kind; government wants cash payment
Investors fear the government will direct proceeds of Wealth Tax to balance…