Tag: Business

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

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

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IPOs will support public sector businesses: Minister of Industry

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

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Egypt planning to store wheat for Arab countries: Supply minister

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

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

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

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

Government considering imposing taxes on stock market to increase revenues

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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…

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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…

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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;…

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Barclays Bank Egypt achieves EGP 132m net profit for Q1 2014

The bank achieved a rate of return on equity of 19% in…

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CIB named ‘Bank of the Year’

HSBC dropped 13 places on the efficiency indicator as its profits declined,…

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