Latest Economy News
IFC investments in MENA reach $3bn in fiscal year 2013
IFC combined those investments with a broad range of advisory services to…
Orascom’s stock market pullout started Wednesday
Other companies that will be delisted from EGX30 are Raya, Egyptian for…
Egypt’s budget deficit to decline in 2013/2014 fiscal year
The total revenue of the fiscal year 2013/2014 will reach EGP 505.5bn…
Non-petroleum exports surge in Q2 of 2012/2013
Exports registered EGP 16.3bn in the same period last year.
Abed Al-Lahi puts forth a reconciliation initiative with the Egyptian-Qatari Business Council
The initiative discusses all issues having to do with the council previously…
Egypt’s Stock Exchange launches new website
The website was in a testing phase on Wednesday and was scheduled…
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…
