Business
Egypt stock market among best 2019 performers: Bloomberg
March 4, 2019
Egypt stock market among best 2019 performers: Bloomberg
The Egyptian stock market is among the most profitable markets in the Middle East since the beginning of this year, Bloomberg…
Egypt’s Prime Minister discusses plan to attract US investments
March 3, 2019
Egypt’s Prime Minister discusses plan to attract US investments
Prime Minister Mostafa Madbouly held a meeting with the ministers of military production, trade and industry, investment, housing and the…
Govt launches its first public offering in Egyptian Stock Exchange
March 3, 2019
Govt launches its first public offering in Egyptian Stock Exchange
Egypt’s government launched its first public offering on Sunday within the Egyptian Stock Exchange with a 4.5 percent share of…
Prime Minister issues regulation of Egypt’s Sovereign Wealth Fund
March 3, 2019
Prime Minister issues regulation of Egypt’s Sovereign Wealth Fund
Prime Minister Mostafa Madbouly on Thursday issued the basic regulation of Egypt’s Sovereign Wealth Fund (SWF), which the government founded…
Electricity prices to increase to cover subsidy shortage: Min.
February 28, 2019
Electricity prices to increase to cover subsidy shortage: Min.
The government has to support the domestic consumption of electricity with subsidies up to LE 46.7 billion; however, the amount…
Egyptian ministers meet with Korean bank representatives in Seoul
February 26, 2019
Egyptian ministers meet with Korean bank representatives in Seoul
Finance Minister Mohamed Maait, Investment and International Cooperation Minister Sahar Nasr, Chairman of the Suez Canal Authority Mohab Mamish and…
Molla pledges to accelerate pace of Abu Tartur project
February 25, 2019
Molla pledges to accelerate pace of Abu Tartur project
Egypt’s Minister of Petroleum and Mineral Resources Tarek El Molla pledged to accelerate the pace of work at the Abu…
US dollar exchange rates decline by 2-piaster average
February 21, 2019
US dollar exchange rates decline by 2-piaster average
US dollar prices have slightly declined against the Egyptian pound by average of 2 piasters in several banks on Thursday.…
Uber finally responds to Egypt’s Value Added Tax Law
February 20, 2019
Uber finally responds to Egypt’s Value Added Tax Law
Ride-hailing app Uber will finally pay the Value Added Tax (VAT) in Egypt, fulfilling Law No. 67/2016, Minister of Finance…
Egypt launches Wazefa Tech training program
February 20, 2019
Egypt launches Wazefa Tech training program
Egypt’s Minister of Social Solidarity Ghada Wali and Minister of Communications and Information Technology (CIT) Amr Talaat launched on Tuesday…