Latest Business News
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
Reservations of 50,000 residential units to be accepted by mid-April
Construction of the units, which is part of Egypt’s social housing programme,…
Time running out to meet global warming target: UN report
Temperature rises would sharply raise risks to food and water supplies and…
Barclays to sell UAE retail ops to Abu Dhabi Islamic Bank for $177m
Reuters - Barclays has agreed to sell its retail banking operations in…
Government attempts to mitigate negative impact of coal usage
Violations of environmental standards will be met with taxes and tight penalties,…