Businessmen want Wealth Tax to be paid in kind; government wants cash payment
Investors fear the government will direct proceeds of Wealth Tax to balance…
Egypt places 91st in Global Information Technology report, declining 11 spots
Country is still lagging behind in development of ICT infrastructure, report notes
Minister of Communication announces EGP 5bn sector development plan
Atef Helmy says that the implementation of the plan will take seven…
Ministry of tourism to improve infrastructure for tourism
The Ministry is developing different initiatives aiming to return tourism to pre-2011…
Industrial land to be leased on usufruct basis: Ministry of Industry
The lack of a specific land allocation policy hindered the industrial growth…
Cabinet approves EGP 391m for infrastructure development
Money will support nine projects, including road development and sanitation improvement, in…
Banks should contribute to all economic sectors equally: Bankers
“What matters for banks is the ability to meet deadlines for loan…
IDB allocates $220m for Egyptian power project
Allocation comes as part of nearly $705m approved by the bank to…
Nuclear Authority and Army Corps of Engineers sign cooperation protocol
Dabaa site repurposing for nuclear plant project will cost EGP 13m and…
Orascom Construction awarded $300m contracts in Egypt and KSA
OC expected to collaborate on new projects with Emaar Misr and Palm…