Parliament seeks to meet ETA again in March to discuss development
Tax revenues rose to EGP 55.9bn in July-August 2017 from EGP 37.9bn in prior year
Parliamentary committee criticises Awqaf Authority over losses in past fiscal year
EGP 2.5bn not invested in factories to generate jobs, limiting ability to create revenue
Parliament calls on government to pay EGP 7bn of export subsidies arrears
Dues are for 18 months, securing them saves factories from shutting down: Chairman of the Industry Committee
ERC to open Mostorod refining complex by December
The repayment of the refinery's loan will begin in mid-2019, says Saad
AlexBank achieves EGP 2.783bn net profit in 2017
The Bank of Alexandria (AlexBank) announced that it recorded a net profit of EGP 2.783bn in 2017, marking an 83.8% from their 2016 results, while the bank’s net profit before…
Pharos appoints Aladdin El-Afifi as new managing director, co-CEO
Pharos Holding for Financial Investments announced the appointment of Aladdin El-Afifi as their managing director and co-chief executive officer on Tuesday. Commenting on the appointment, Elwy Taymour, group chairperson and…
China says financial risks ‘under control’
China's finance minister has said Beijing is fully confident of its capacity to avoid systemic debt risks. The remark came as international organizations including the IMF kept warning of the…
Electricity Minister to inaugurate Infinity Solar’s station next week
We aim to expand investment in renewable energy sector, says Mansour
Egypt ERA to announce waste-to-energy generation tariff by next week
10 companies seek to invest $500m in waste-to-energy projects
East Timor and Australia sign treaty ending long-running gas dispute
East Timor and Australia have signed a treaty that divides offshore gas revenues between the two countries. The dispute has soured relations since 2002, when East Timor gained independence from…