Latest Economy News
Disapproval over increased taxes on bank loan loss provisions
Banking figures dissatisfied with Shura Council’s decision to raise taxes on loan…
Govt pays EGP 2.6bn in medical bills
Cost of government-funded medical treatment for Egyptians living at home and abroad…
Finance Ministry to reassess taxes on hotels and resorts
Egypt’s Finance Ministry rules that real estate taxes for hotels will now…
Pharmacist union predicts shortages of imported medicine to reach 90%
Shortages in coming year expected because of increases in the price of…
Turkey pumps $250m more in its credit line to Egypt
Experts: Good step, but no impact on cash reserves
Information Technology growth goal
Minister of Communications Atif Halmi says government seeks 10% growth in IT…
Egypt’s top companies: the Power 34
Forbes Middle East published its Power 500 list, giving an account of…
New real estate construction in 6th of October City
Wadi El Nile Company for Agricultural Development to begin real estate project…
French oil company buys Shell’s fuel network in Egypt
The details of the transaction and its price have not been disclosed.
