Tax revenues for Q1-FY2019 at EGP 8 bln above target
The head of Egyptian Tax Authority Emad Sami said on Wednesday 115.9 billion pounds in tax revenues were collected…
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Egypt’s real estate tax countdown begins
Owners of residential and commercial property in Egypt have until mid-August to pay the new property tax or prove…
Union National Bank-Egypt Q1 profits fall 23.6%
Union National Bank-Egypt (UNB) reported Sunday a 23.6 percent drop in first-quarter net profits, reaching 60.04…
SANAD offers Egypt’s state-run Banque du Caire $10 million loan
SANAD Fund for Micro, Small, and Medium-sized Enterprises announced signing an agreement with Egypt’s state-owned…
Asian stocks closes mixed as dollar wobbles following overnight gains
Asian markets closed mixed on Friday as the dollar wobbled after gaining overnight following comments from…
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…
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…