Tag: Business

November inflation rate lowest in seven years

Economic slowdown and low purchasing power curbed price increase

Liliana Mihaila Liliana Mihaila

Developer sues Industrial Development Authority

IDG claims that the authority has imposed unjustified fines

Liliana Mihaila Liliana Mihaila

New taxes on mobile phone services

New tax includes an EGP 25 tariff on every SIM card sold

Liliana Mihaila Liliana Mihaila

Egypt’s credit rating risks further devaluation

By Nasser Youssef Countries such as Egypt, who currently have a B…

Liliana Mihaila Liliana Mihaila

EGAS: 18 companies partake in gas importation bid round

Results of the bid round to be announced in the first half…

Liliana Mihaila Liliana Mihaila

Lower income, higher prices

Tax reforms signal the instigation of skyrocketing inflation

Liliana Mihaila Liliana Mihaila

Price of engine oil doubles

Calls for the Ministry of Petroleum to set price ceilings on oil…

Liliana Mihaila Liliana Mihaila

Foreign international reserves dwindle

During the month of December net reserves rose by $705 million

Liliana Mihaila Liliana Mihaila

Plan to wean industries off government’s natural gas

Gas would still be supplied to power plants, households and vehicles

Liliana Mihaila Liliana Mihaila