Business
Taxes on cigarettes to net LE31 billion this year
March 31, 2015
Taxes on cigarettes to net LE31 billion this year
The Cigarette Trade Association in Cairo and Giza has said that the state treasury will get LE31 billion instead of…
Egypt adds name to join China-backed AIIB investment bank
March 30, 2015
Egypt adds name to join China-backed AIIB investment bank
Egypt will apply to become of member of the Beijing-led Asian Infrastructure
Egypt’s CIB Bank to issue dividend of 1.2 pounds per share
March 30, 2015
Egypt’s CIB Bank to issue dividend of 1.2 pounds per share
Egypt's largest bank, Commercial International Bank (CIB), will distribute on April 2 a dividend of 1.2 Egyptian pounds ($0.16) a…
Egyptian pound steady on official, weaker on black market
March 30, 2015
Egyptian pound steady on official, weaker on black market
Egypt's central bank kept the pound steady at 7.53 pounds to the dollar at a foreign exchange auction on Monday,…
Egypt eager to add new zones to QIZ
March 30, 2015
Egypt eager to add new zones to QIZ
Egyptian Industry and Trade Minister Mounir Fakhry Abdel Nour has said that his country is eager to add more geographical areas…
Egypt’s market gains LE3 billion on Monday, EGX30 rises 0.62 %
March 30, 2015
Egypt’s market gains LE3 billion on Monday, EGX30 rises 0.62 %
Egypt's market main index EGX30 rose 0.62 percent on Monday's session to record 9,118.97 points with turnover of LE440 million,…
Expert: Cash transactions cost state 1.5 percent of GNP
March 30, 2015
Expert: Cash transactions cost state 1.5 percent of GNP
Cash transactions cost the state about 1.5 percent of GNP, including the cost of printing money and securing the transfer…
Government predicts decline in Suez Canal’s GDP share
March 30, 2015
Government predicts decline in Suez Canal’s GDP share
The Egyptian government has predicted the Suez Canal's GDP share to decline gradually over the next five years, reaching 1.6…
Tourism Minister decreases number of tourism offices abroad
March 30, 2015
Tourism Minister decreases number of tourism offices abroad
Al-Masry Al-Youm has received a copy of the Tourism Minister Khaled Rami's decision to decrease the number of overseas tourism offices…
CBE bans exchange of US$100 bills to counter smuggling
March 30, 2015
CBE bans exchange of US$100 bills to counter smuggling
The Central Bank of Egypt (CBE) has decided to ban the exchange of US$100 bills for banking clients and has…