Tax revenues hit 55.9bn Egyptian pounds in two months of FY2017/18
Egyptian Tax Authority has collected 55.9 billion Egyptian pounds in revenues during the first two months of…
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Faisal Islamic Bank 9-month net profit rises to 1.21bn Egyptian pounds
Egypt’s Faisal Islamic Bank reported Wednesday an increase in nine month-net profit to reach 1.21 billion Egyptian…
Ministry: Egypt’s tax revenues jump by 55% in Q1 of FY2017/18
Tax revenues in the first quarter of the financial year 2017/2018 increased 55 percent to to 88.6 billion pounds…
Egypt c.bank to double mortgage finance initiative to 20bn pounds
The Central Bank of Egypt (CBE) has decided to double the funds allocated or mortgage finance initiative to 20…
US reports increasing income, falling poverty in 2016
Household income in the world's largest economy rose for the second straight year in 2016 while poverty also…
Coca-Cola profit fall by 60% on refranchising charge
U.S. drinks giant Coca-Cola reported a 60.2 percent fall in quarterly profit, as the beverage maker incurred a…
ASCOM net profit jumps to 232.4 mln Egyptian pounds in Q1
Egypt-based Asec Company for Mining (ASCOM) reported Monday an increase in its net profit to reach 232.4 million…
Egypt discusses social safety net with World Bank mission in Cairo
Egyptian Minister of Social Solidarity Ghada Waly met with the World Bank mission Saturday in Cairo to follow up…
Melania Trump’s pricey jacket draws attention in Sicily
Melania Trump's first outing in the Sicilian sunshine was in a colorful floral applique jacket by Dolce &…
US crude settles at $47.97, falling 1.7% this week
U.S. crude broke a four-day losing streak in thin trade on Friday, but posted a weekly loss as concerns persisted…
