Latest Business News
Tax authority probes EGP 36 billion OCI taxes on Lafarge deal
A source in the tax authority confirmed that the sale of Orascom…
Port Official: Traffic on Red Sea ports not affected by Port Said clashes
Security measures to protect Red Sea ports and guarantee the safe movement…
Galal: Economic situation severe but not beyond cure
Ahmed Galal, the managing director of the Economic Research Forum (ERF), gives…
Sabbour: No foreign investment in the absence of stability and security
The President of the Egyptian Businessmen Association, Hussein Sabbour, relays to Daily…
Cellular operators raise price of prepaid cards
Sources within a number of companies have stated that a recent decline…
Investors Union: around 1500 factories are facing grave difficulties
A recent report conducted by the Investors Union stated that approximately 1500…
TNS: fuel prices and USD exchange rate will impact car purchases
The survey indicated that among high-income Egyptians who would potentially buy a…
Pound expected to depreciate further in 2013
Throughout 2012 Egypt’s currency dropped 8.4% against the euro, which cost EGP…
Experts differ on practicality of prospective petrol quota
The “smart petrol card” programme seeks to provide taxi and microbus drivers…