Al-Sisi imposes additional 50% tax on cigarettes, 200% on beer
The tax on other alcoholic beverages, such as wine and spirits manufactured…
Egypt to allow foreign companies to provide mortgage finance
In an effort to expand low-income housing
Sawiris-Beltone deal only succeeds in purchasing 9% of EFG Hermes, falling short of 20% target
54.4m shares purchased represent less than 9% of total Hermes shares
Egypt paid $700m to Paris Club on 4 July: Ramez
Governor of the Central Bank of Egypt Hisham Ramez told Reuters on…
Rise in fuel prices will bring in EGP 24bn in additional revenue for EGPC: Chairman
The rise in price of such petroleum products as gasoline, diesel, and…
Industrial sector requests government protections following energy price increases
The federation said the government must enable industry to withstand the wave…
100m cubic feet of gas to be added to gas production by the end of July
Production rates will not exceed 4.9bn cubic feet of gas until the…
We aim to raise eFinance revenues by 15% during 2014: e-finance Chairman
Ibrahim Sarhan, Chairman of e-Finance, says revenues will increase by 15% this…
Exporters object to cut in export subsidies to EGP 2.6bn in new budget
The Ministry of Industry made an early announcement for a new programme…
‘Titanium card’ to be launched next month: AAIB retail banking head
25000 clients using credit card in the bank, Verified by Visa (VBV)…