Latest Business News
Egyptian pound strengthens at central bank Forex sale
Reuters - The Egyptian pound strengthened at a central bank dollar auction…
Divergence in MENA sovereign energy importer-exporter ratings widens: Fitch
Reuters - Fitch Ratings says in a new report that the average…
Smartcard subsidy system to be implemented in Port Said next week
Ministry of Supply provides smart ration cards to citizens to meet their…
EGP 500m capital allocated for Egyptian Company for Road Projects: Minister
“The capital of the newly established joint-stock company is 100% Egyptian,” says…
Social insurance debt to be repaid by 2021: Finance ministry
Value of social insurance debt between 2011 and 2013 amounted to EGP…
Government resolves dispute with developer SODIC: Minister of Industry
Reuters - Egypt has settled a dispute with SODIC over the property…
Dubai’s Emirates REIT expands IPO due to strong demand
Reuters - Dubai-based real estate investment trust Emirates REIT said it had…
ADIB Egypt registers first positive net income since 2007
Net income improves by EGP 958m between 2012 and 2013, marking the…
Legislative amendments implemented to mitigate tax evasion
Necessary measures to combat tax evasion will be taken, finance minister says