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 in the news: Egypt Air set to cancel two weekly flights to New York beginning next month

Flights would be cancelled until the demand for flights picks up

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Rebel economy wrap

Lost in translation: energy subsidies

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Mobile phones sales tax increases by 5%

The sales tax was initially introduced last December and amounted to 18%…

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Iraq to supply Egypt with 4 million barrels of oil monthly

The agreement will also supply Egypt with 4,000 tonnes of diesel per…

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Greenpeace denounces Egypt’s use of GM plantations

Greenpeace voiced their concern over inconsistencies between the findings in a report…

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New policies to support SMEs and micro-businesses

The number of these businesses in Egypt was estimated to be near…

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OCI will discuss tax allegations with ETA on 10 March

Workers from all Orascom companies blocked the Corniche road Wednesday in protest…

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EFSA warns of use of sukuk for money laundering

The president of EFSA called for the current sukuk law to be…

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EGP 122.2bn in taxes collected by 4 March

Taxes collected so far amounted to 86% of previous tax assessment figures,…

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