Business
Tourism Ministry mulls reviving tax refund for tourists
November 21, 2016
Tourism Ministry mulls reviving tax refund for tourists
Dr Adela Ragab, economic advisor to the Minister of Tourism, said the ministry is considering reviving the idea of the…
Egypt to issue US$1.6 bln 1-year Treasury Bill – Central Bank
November 20, 2016
Egypt to issue US$1.6 bln 1-year Treasury Bill – Central Bank
Egypt will issue a US$1.6 billion one-year Treasury Bill, the central bank said on Sunday. It said the settlement date for…
Egypt’s pound weakens as dollar demand surges, interest rates steady
November 20, 2016
Egypt’s pound weakens as dollar demand surges, interest rates steady
The Egyptian pound weakened significantly on Sunday as banks scrambled to meet a surge in demand for dollars and the…
Oil may rise to $55 if all producers cooperate – Iran
November 19, 2016
Oil may rise to $55 if all producers cooperate – Iran
Iranian Oil Minister Bijan Zanganeh expressed optimism on Saturday about an upcoming OPEC meeting and said crude prices could jump…
China state media warn Trump against renouncing free trade deals
November 19, 2016
China state media warn Trump against renouncing free trade deals
Chinese state media warned U.S.
VW no longer expects tax demands in Germany related to diesel scandal
November 19, 2016
VW no longer expects tax demands in Germany related to diesel scandal
Volkswagen does not expect the German government to make tax demands to cover revenue losses related to the carmaker's diesel…
Egypt government exempts sugar imports from customs duties
November 19, 2016
Egypt government exempts sugar imports from customs duties
Egypt’s Prime Minister Sherif Ismail has issued a decree exempting white sugar imported from 10 November, 2016 to 30 May,…
Law Today publication launch event brings together influentials in law, commerce spheres
November 18, 2016
Law Today publication launch event brings together influentials in law, commerce spheres
Over 50 leading businesspeople including partners and associates of Egypt’s most leading law firms have come together under one roof…
US dollar inflows hit US$2.6 bn, CBE regains ability to finance trade says governor
November 17, 2016
US dollar inflows hit US$2.6 bn, CBE regains ability to finance trade says governor
The official US dollar inflows have improved, two weeks after the Central Bank of Egypt (CBE)'s decision to float the…
US dollar index surges to 14-year high
November 16, 2016
US dollar index surges to 14-year high
The US dollar soared to its highest since April 2003 against a basket of currencies on Wednesday, reaching its strongest…