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Egypt’s tourism revenues rise to $12.5 bln in FY2018/19
Egypt’s revenues in the tourism sector rose by $2.7 billion to $12.5 billion during the financial year 2018/2019,…
Remittances from Egyptian expats rise to $2.6bn in July – CBE
Egypt received around $2.6 billion in remittances from Egyptian expatriates in July, up from $1.9 billion in June,…
Egypt’s tax authority denies 30% growth in car taxes
The Egyptian Tax Authority denied on Wednesday rumours of a 30 percent increase in taxes on imported and locally…
UK firms willing to increase investments in Egypt – minister
A group of British companies visiting Egypt for an investment forum have announced they will inject further…
Egypt’s PM says 6 October to be paid holiday for citizens
Egypt's Prime Minister Moustafa Madbouly has issued a decree to the effect that Sunday 6 October, will be an…
NBE to direct EGP45bn of loan portfolio into industrial sector
National Bank of Egypt (NBE), the country's largest state bank, seeks to direct 45 billion Egyptian pounds ($2.7…
Egypt’s net foreign reserves rise to $45.1 billion end-September: c.bank
Egypt’s net foreign reserves surged to $45.117 billion at the end of September, the central bank said late Tuesday.
Israel to increase natural gas exports to Egypt – sources
Israel will significantly increase the amount of natural gas it plans to export to Egypt under a landmark deal,…
Talaat Moustafa mulls getting 500 feddans for urban project in Upper Egypt
Talaat Moustafa Group, Egypt's largest listed property developer, is studying obtaining 500 feddans in Western…
Egypt’s fuel automatic pricing committee Oks fixed fuel prices
Egypt's Fuel Automatic Pricing Committee endorsed on Tuesday keeping current fuel prices fixed until the end of the…