Latest Business News
Government to apply temporary wealth tax on companies
The Egyptian government expands scope of exceptional tax on wealth to cover…
Employees expect 15% raise in salaries in 2014: Bayt.com survey
MENA Salary Survey suggests 42% of Egyptians are dissatisfied with their salaries…
Egypt’s Palm Hills real estate developer appoints new co-CEO
PHD posted a 9% rise in first-quarter net profit to EGP 49.7m…
Egypt third-most-preferred country for German companies
German think tank 2b AHEAD states that Egypt is North Africa’s economic…
Forex policies successful, could eliminate black market: Egypt Central Bank governor
Rates at which banks are allowed to trade dollars are determined by…
Final decision yet to be reached on EFG-Hermes shares purchase: EFSA chairman
Further clarification required before final decision reached on bid by Egyptian investors…
EGAS still awaiting $1bn from finance ministry to import gas for electricity: EGAS
EGAS has yet to sign with two oil companies to supply 12…
Government can legally obtain data on customers under ‘security concerns’: Vodafone
Vodafone discloses the legal power that allows the armed forces and security…
Skilled labour abandoned tourism sector, training a big challenge: Tourism ministry official
Low incoming tourism to Egypt pushed tourism workers to work in other…
Wadi Group plans to expand its activities: CEO
The group is investing EGP 460m to expand poultry and fodder activities,…