Tag: Business

Domestic liquidity increases to EGP 1.44tn: CBE

Increase of net domestic and foreign assets in banking system contribute to…

Daily News Egypt

Bank loan assets increase by EGP 7bn in March: CBE

Bank balances in March rose to EGP 559.444bn as compared to EGP…

Daily News Egypt

Informal system is a ‘structural defect’ of Egypt’s economy: Al-Diwani

Prohibitive laws and procedures push Egyptians to work in the informal sector,…

Daily News Egypt

IPOs will support public sector businesses: Minister of Industry

Abdel Nour said that the investment climate has improved significantly over the…

Daily News Egypt

Egypt planning to store wheat for Arab countries: Supply minister

The minister estimated that savings to be achieved from the new bread…

Daily News Egypt

Apache investing $1.4bn in Western Desert concession area: Khalda president

DNE interviews Taher Abd Al-Rehim, president of Khalda Petroleum, the joint venture…

Daily News Egypt

Capital gains taxes a positive step, will not weaken competition: Former EGX vice chairman

Government considering imposing taxes on stock market to increase revenues

Daily News Egypt

Cash support a ‘lie’, will not improve the lives of the poor: AUC professor

Government to grant monetary support for the poor to compensate for energy…

Daily News Egypt

Government will be unable to meet fuel subsidy bill proposed in budget: Former petroleum minister

Arab countries offered a petroleum grant last year valuing EGP 80bn, which…

Daily News Egypt

Removal of diesel subsidies for tourism sector to begin in November: Tourism minister

Government hopes to remove diesel subsidies in early November in two stages;…

Daily News Egypt