Business

Find the latest business news on Egypt’s stock market, banking, investments, tourism, automotive, international business, technology, interest rates, currencies and funds.
Latest Business News

Tourism officials react furiously to new tax hikes

Wines and spirits make up 20 per cent of the industry’s revenue

Liliana Mihaila

Developers demand balanced land contracts

Real estate investors are drawing up plans to create more balanced land…

Liliana Mihaila

US Dollar breaks EGP 6.15 level

Raise reportedly due mainly to political tension

Liliana Mihaila

November inflation rate lowest in seven years

Economic slowdown and low purchasing power curbed price increase

Liliana Mihaila

CBE: Liquidity rises to EGP 1.12 trillion

Domestic liquidity rose by EGP 29.9 billion at the end September 2012

Liliana Mihaila

Developer sues Industrial Development Authority

IDG claims that the authority has imposed unjustified fines

Liliana Mihaila

Unexplained upturn in the market

EGX 30 moved up 213 points to close the session at 5,052…

Liliana Mihaila

New taxes on mobile phone services

New tax includes an EGP 25 tariff on every SIM card sold

Liliana Mihaila

Egypt’s credit rating risks further devaluation

By Nasser Youssef Countries such as Egypt, who currently have a B…

Liliana Mihaila

EGAS: 18 companies partake in gas importation bid round

Results of the bid round to be announced in the first half…

Liliana Mihaila