Latest Business News
EFG Hermes launches programme to acquire treasury shares
Analysts expect EFG Hermes shares to maintain their upward trend in the…
Expansionary economic policies prevent tax increases: Finance minister
The government will tackle a different tax system after revitalising the economy,…
Increased political stability is the key to stock market gains: Analysts
As the market reaches its highest levels since 2011, analysts say political…
UAE sees keen interest for largest oilfields on revised terms: Minister
Under the concession arrangement, ADNOC held a 60% controlling stake in the…
Number of new companies established rises in 2013: Minister of Investment
Over 8,000 have been created this past year, totaling EGP 10.8bn in…
Saudi businessmen propose bill to amend Egyptian Investment Law
Egyptian-Saudi Council Chairman Abdallah Bin-Mahfouz revealed that the Saudi side proposed the…
Dubai deal may be imminent, bankers say
Rumours of a Dubai issue pre-date the World Expo announcement.
Iran to get first $550m of blocked funds in February
The money is being unblocked under a landmark deal, set to take…
Government to assist struggling textile companies
The agreement includes 12 banks in coordination with the Central Bank and…
Government sells $1.07bn in one-year dollar-denominated T-bills
Reuters - The Egyptian government accepted bids for $1.07bn worth of one-year…