Tag: Business

VAT law will raise inflation indicators, reduce purchasing power of consumers: Dcode Chairman

Only 20% of consumers are aware that there is an impending increase…

Mohamed Ayyad

CBE reduces commission of credit letters to facilitate imports

Egypt’s imports face decrease, suffer from dollar shortage, says Chief of Importers…

Mohamed Ayyad

Banque du Caire targets EGP 2bn increase for retail portfolio by end of 2015: Hussein

Cars possess 5% of the total bank funding for individuals, says Director…

Daily News Egypt

Spike in ‘single’ cigarette sales expected to decrease tax proceeds by EGP 2bn: Traders

Greater Cairo Tobacco Association demanded President Al-Sisi holds Finance Minister accountable for…

Shaimaa Al-Aees

Integrated trade zones to be established using EGP 800m: Supply minister

The investments in the internal trade sector will increase from EGP 7.8bn…

Daily News Egypt

CBE maintains key interest rates

The CBE also kept the discount rate unchanged at 9.25%.

Daily News Egypt

NBE wins best retail banking award

The number of NBE’s ATM machines reached 1,950 machines, an increase of…

Daily News Egypt

New Mondelez Egypt production-line investments are worth EGP 200 m: Managing director

The company has invested EGP 1bn during the last five years, Managing…

Shaimaa Al-Aees

Cairo Airport Company achieves EGP 371m net profit in 3 quarters of FY 2014/2015: Chairman

Company aims to increase its profit by end of fiscal year 2014/2015…

Daily News Egypt

Egypt targets an increase of Arab tourists this summer

Egypt started launching direct flights from many Arab cities such as Riyadh,…

Daily News Egypt