Latest Business News
Transportation Ministry orders lifting, review of 6 floating hotels in Lake Nasser: Hotels Association official
The Ministry of Transportation called for six floating hotels to be lifted…
Germans, Ukrainians to top winter tourist arrivals to Egypt: investors
Advertising campaign in Germany is broadcast across 9 TV channels, besides outdoor…
Supreme Council for Investment green lights establishment of National Council for Payments
This new council will bridge the gap between the exchange rate in…
Tax reconciliation with SMEs contradicts function of Egyptian Tax Authority
Supreme Council for Investment approves tax exemption for profits of land reclamation…
Economic Affairs Committee to propose exchange bureaux be obliged to deposit US dollars at CBE for 5 years
There are 91 currency exchange companies, some of which own 20 branches,…
IDA to put controls on offering industrial lands in Upper Egypt free of charge
Supreme Council for Investment approves offering lands in the New Administrative Capital…
Supreme Council for Investment issues resolution package to revive economy, stimulate investment
The Supreme Council for Investment in its first session on Tuesday has…
EGX celebrates freezing capital gains tax, rises 0.91%
The decision will attract new investors, and lead next governmental and private…
Informal US dollar rate expected to drop if banks refrain from accepting foreign exchange
Current procedures by government, CBE target to reduce demands for US dollar, and we should work on increasing…
