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
Mobile phones sales tax increases by 5%
The sales tax was initially introduced last December and amounted to 18%…
Iraq to supply Egypt with 4 million barrels of oil monthly
The agreement will also supply Egypt with 4,000 tonnes of diesel per…
Greenpeace denounces Egypt’s use of GM plantations
Greenpeace voiced their concern over inconsistencies between the findings in a report…
New policies to support SMEs and micro-businesses
The number of these businesses in Egypt was estimated to be near…
Ministry of Finance sells EGP 124bn worth of T-bills, bonds
Sales came during Q2 of FY 2012/2013
OCI will discuss tax allegations with ETA on 10 March
Workers from all Orascom companies blocked the Corniche road Wednesday in protest…
EFSA warns of use of sukuk for money laundering
The president of EFSA called for the current sukuk law to be…
EGP 122.2bn in taxes collected by 4 March
Taxes collected so far amounted to 86% of previous tax assessment figures,…