Latest Economy News
No investor to own Suez Canal lands
Minister of housing: Suez Canal development plan needs EGP 140bn annually
Financial experts react to Shura Council income tax law
Economy experts and analysts describe government as ‘compliant’ with IMF rules
OCINV lowers OCI bid price to EGP 255
Signs extensions to equity commitments made by participating US investors comprising Bill…
Fuel bunkering terminal to be constructed on Suez Canal
Contract set to run for 25 years with total investments of EGP…
EU allocates €123m to develop Egypt’s transport sector
€40m to build third phase of Cairo Metro
Shura Council approves income tax law
Top tier tax bracket expands to include those earning above EGP 250,000
New sukuk projects awaiting bids
Finance Ministry advisor: Sukuk not affected by Egypt’s recent credit downgrading
Arrests of eight managers from online marketing companies
Alleged ‘pyramid scheme’ companies managed from Egypt, India, and Sudan
Al-Nour and FJP clash over Iranian tourism
Islamist parties disagreement during Egypt’s Culture, Information and Tourism Committee discussions
Project to construct one million new housing units
Five year plan for 850,000 new units and redevelopment of 150,000 slum…