Business
Egypt allocates US$50 million to attract tourists
June 25, 2014
Egypt allocates US$50 million to attract tourists
Egypt has allocated US$50 million to promote Egyptian tourism abroad, according to an official from Tourism Ministry. The official told Anadolu…
Stock Exchange ignores Sisi’s speech, loses LE4.8 bn
June 24, 2014
Stock Exchange ignores Sisi’s speech, loses LE4.8 bn
Despite the speech of President Abdel Fattah al-Sisi, when he donated half his fortune and his salary and rejected the…
Egyptian delegation in Brazil to promote tourism
June 24, 2014
Egyptian delegation in Brazil to promote tourism
Tourism Minister Hisham Zaazou has assigned a delegation from the Tourism Ministry and the Egyptian Tourism Authority to prepare an…
CBE opens new account to support Egyptian economy
June 24, 2014
CBE opens new account to support Egyptian economy
Central Bank of Egypt Governor Hesham Ramez said a new account dubbed Long Live Egypt 037037 has been opened to…
Sisi not happy with budget deficit
June 24, 2014
Sisi not happy with budget deficit
President Abdel Fattah Sisi said he was not happy with the projected deficit in the new draft budget for the…
Stock market ends Monday in red zone
June 23, 2014
Stock market ends Monday in red zone
Stock indices ended Monday’s trading session ins the red zone with the exception of the small and medium enterprises index.
Tax Authority: We will not reevaluate stock market tax decision
June 23, 2014
Tax Authority: We will not reevaluate stock market tax decision
Tax Authority Chairman Mostafa Abdel Qadir said the capital gains and cash dividends tax of the stock market, which was…
PM says not reforming subsidy system is treason
June 23, 2014
PM says not reforming subsidy system is treason
Prime Minister Ibrahim Mehleb said on Sunday that the Egyptian government is determined to carry out financial and economic reform. "The…
5 Egyptian companies to establish retail stores in African capitals
June 22, 2014
5 Egyptian companies to establish retail stores in African capitals
A consortium of five Egyptian companies started putting the final touches to a joint venture to develop trade exchange between…