Business

Find the latest business news on Egypt’s stock market, banking, investments, tourism, automotive, international business, technology, interest rates, currencies and funds.
Latest Business News

Tourism sector pushes to postpone application of VAT for a year

Application of tax would increase prices by 100%, says Ahmed Balbaa

Aisha Zidane

DNE News Brief: 4 January 2017

https://youtu.be/ZfBH3Tykobo

Daily News Egypt

Electricity Ministry returns letters of guarantee from 10 companies

The Egyptian Electricity Transmission Company refunded EGP 97.9m, and the New and…

Mohamed Farag

Inflation aggravates difficulties facing non-oil private sector

Emirates NBD Egypt PMI continues to signal decline amid steep inflation

Hossam Mounir

4 lands in Port Said up for consideration for new technology area: Communications Minister

The new investment law grants incentives to revive investment in technological zones,…

Mohamed Ayyad

10.5% decrease in tourist arrivals in November: CAPMAS

The number of tourists who travelled to Egypt in November 2016 was…

Hossam Mounir

CPA refers Orange, Vodafone to public prosecution for false advertising 

“Our advertising campaign is traditional and we have previous experience in providing…

Mohamed Alaa El-Din

CBE extends tourism sector support initiative until February 2018

The bank also decided to extend the retail loans initiative for employees …

Hossam Mounir

Cabinet approves bankruptcy draft law 

The bankruptcy drat law is meant to be complementary to the investment…

Mohamed Ayyad

Obour Land achieves total sales worth EGP 1.45bn in FY 2016

Total sales for the FY 2016 registered EGP 1.45bn

Mohamed Samir