Business

Russia’s Ak Bars Holdings to develop Suez Canal Authority’s shipyards

Russia’s Ak Bars Holdings to develop Suez Canal Authority’s shipyards

Lieutenant General Osama Rabie, Chairman of the Suez Canal Authority, witnessed the signing of a protocol of cooperation between the…
Egypt’s government considers making Taxes Authority an independent entity

Egypt’s government considers making Taxes Authority an independent entity

Prime Minister Mostafa Madbouly on Sunday formed a committee to transfer the Egyptian Tax Authority to become an independent entity,…
Egypt’s FECC calls on member companies to reduce consumer prices

Egypt’s FECC calls on member companies to reduce consumer prices

The President of the Federation of Egyptian Chambers of Commerce (FECC), Ibrahim al-Araby on Saturday urged all of the federation’s…
Egyptian Tourism Ministry releases report showing off tourism sector’s revival

Egyptian Tourism Ministry releases report showing off tourism sector’s revival

After ensuring transparent monitoring, the Egyptian Tourism Ministry released a report displaying innovations launched in the sector by the Tourism…
Govt committee reduces fuel prices

Govt committee reduces fuel prices

The Committee on Automatic Pricing of Petroleum Products, which reviews and determines the prices of some petroleum products on a…
Net foreign reserves record US$45.118 bn in September

Net foreign reserves record US$45.118 bn in September

The net foreign reserves in the Central Bank of Egypt at the end of September recorded about US$45.118 billion, up…
TUI Group CEO meets with tourism minister, says TUI wants Thomas Cook’s former share in Egypt

TUI Group CEO meets with tourism minister, says TUI wants Thomas Cook’s former share in Egypt

Tourism Minister Rania al-Mashat met on Wednesday with Sebastian Ebel, CEO of the travel agency TUI Group in the MENA…
Egypt’s tourism revenues reach US$12.6 bn during 2018-2019 fiscal year

Egypt’s tourism revenues reach US$12.6 bn during 2018-2019 fiscal year

Egyptian tourism revenues reached US$12.57 billion, compared to $9.80 billion during the 2017-2018 fiscal year, the privately-owned al-Mal newspaper reported…
Egypt’s Customs Authority denies imposing 30% tax on cars

Egypt’s Customs Authority denies imposing 30% tax on cars

The Egyptian Customs Authority on Wednesday denied social media claims that the authority was imposing a 30 percent development tax…
Mohab Mamish receives New Silk Road CEO of the Year Award

Mohab Mamish receives New Silk Road CEO of the Year Award

Lieutenant General Mohab Mamish, Advisor to the President for Maritime Ports, received the 2019 Aramco Trading New Silk Road CEO…
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