Latest Business News
Tourism minister working to repeal travel warnings
Recent tourism numbers disappointing minister says, but winter months hold promise
Finance minister advocates benefits of smartcard system
The distribution, slated for July and August, will be carried out electronically…
OCI NV complete acquisition of 97.44% of Orascom Construction Egypt
The remaining shares of OCI SAE include 0.47% listed in global depository…
Egypt’s government cancels tax returns on properties
The law will affect all new homeowners, who will pay a tax…
Supply directorates provide goods to offset impact of political turmoil
A representatives from within the Al-Minya supply directorate, said the governorate’s bakeries…
Second stage of smartcard programme set for 1 August
The most recent statistics coming from the Egyptian General Petroleum Company show…
Danone reports profit slip, blames tough times in Europe
Reporting that in its home markets France and more broadly Europe conditions…
Libya deal and Gulf aid secure oil for Egypt
Under new agreement Egypt will import up to 1m barrels of crude…