Business

Find the latest business news on Egypt’s stock market, banking, investments, tourism, automotive, international business, technology, interest rates, currencies and funds.
Latest Business News

British Gas to finish connecting 500m cubic feet per day in Al-Borolos fields

Egypt’s total production will increase to 5bn cubic feet by year end,…

Mohamed Adel

World Bank to offer Egypt $1.5bn for housing, sanitation projects

Minister of Housing announces the agreement after his return from US visit…

Doaa Farid

Committee makes recommendations to solve 20 land and tax disputes: Justice minister

Government aims to settle investors’ disputes, revive economic confidence, mobilise new investments

Mohamed Ayyad

Informal sector volume records around EGP 1.5tn: ECES

Government lost EGP 300bn in potential taxes, according to study

Doaa Farid

Banks spent EGP 1bn for social development over past 3 years: FEB chairman

Egyptian banks set aside 2% of profits for 2012 to develop slums…

Abdel Razek Al-Shuwekhi

New telecommunications law nearly completed: Communications minister

High-speed Internet, marine cable projects, and cloud computing services are priorities, says…

Mohamed Ayyad

13,000 pilgrims arrive in Saudi Arabia for Hajj: Tourism ministry

Egypt was granted around 63,000 visas for pilgrimage to Mecca and Medina…

Abdel Razek Al-Shuwekhi

Tax amendments require factories to repay gas consumption: Finance minister

Decision aims to resolve disputes between companies and EGPC in collecting natural…

Mohamed Ayyad

New mining law violates constitution: Federation of Industries

Federation claims law overlooks opinion of civil and industrial society experts and…

Daily News Egypt

Coalition of NGOs rejects government plans to apply VAT

Groups claim that tax applied on all products and services could ‘prejudice’…

Doaa Farid