Google releases Egypt’s “Year in Search”
Google announced today its annual Year in Search results showcasing the most trending topics Egyptians searched for…
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Egypt’s economic growth rate up to 3.4% in Q1 of 2016/17
Egypt's economic growth rate registered 3.4 percent of the Gross Domestic Product (GDP) in the first quarter of…
Tourism sector halts applying VAT for a year
The tourism sector has obtained a verbal approval from the Ministry of Finance to postpone subjecting it to the…
Egypt’s FDI up 36% in Q1 – CBE
Net foreign direct investments (FDI) in Egypt increased by 36% in the first quarter of the fiscal year 2016-2017,…
Foreign investments in Egypt hit $6.8b in FY2015-16: Ministry
The net volume of foreign investments in Egypt rose by 7.2 percent in financial year 2015-16 to US$6.84 billion…
Uber Egypt says no price hike, no commission till end of January
Uber, the leading ride-hailing app, announced that there would be no price hike and no commission either until…
Qarun Petroleum: $257m-investments to drill 12 wells during Egypt’s FY2016/17
Egypt-based Qarun Petroleum Company approved Thursday new investments of US$257 million among its budget for…
Nile Consumer Complexes eyes sales of $63m in Egypt’s FY2016/17
Egypt-based Nile Consumer Complexes Company targets attaining sales volume of 1.1 billion Egyptian pounds (U$63…
Petroleum product subsidies to hit $5bn in Egypt’s FY2016-17 budget
The total volume of Egyptian subsidy on petroleum products is set to be raised to around 64 billion Egyptian pounds…
Germania airline resumes flights to Sharm El Sheikh
German airline Germania operates its first flight to Sharm El Sheikh today after a year of halting flights to…
