Latest in Tag: Business Highlight
Latest in Tag: Business
Annual inflation increases by 11% in April
Food and beverage prices rose by about 1.4% over last April, reaching 190.8 points compared to 188.2 points in March
Government should focus on MoUs, promises made: Czech Ambassador to Egypt
Other delays and unexpected changes in parliamentary elections might worry some investors
Housing and Development Bank contributes EGP 150m to tourism sector in 2014
Rate of loans in real estate sector approximately 7.2% of bank’s total loans portfolio allocated to corporate sector
Government should follow through on lowering tax promises: Ernst & Young official
Days before Economic Summit, the government announced it would unify income taxes at 22.5% for 10 years
Emirates Group records second highest profits of $1.5bn
The FY ending 31 March 2015 also marked the achievement of new capacity milestones at both Emirates and Dnata, as the Group continues to expand its global existence and strengthen its business through strategic investments.
Private sector to take part in Cypriot gas deal: EGAS
Gas consumption regulation device to give licences for import
Banks can appeal property tax assessment: Finance Ministry
Regulations offered to facilitate application of property tax law
Local, regional investors eye opportunities in Sahl Hasheesh
ERC sees new hotel openings, expects sub-developers to deliver 2,000 additional housing units by 2017
Brent oil prices reach highest level for 2015
JPMorgan Chase raised its expectations for oil for the years 2015 and 2016 in light of the improvement in demand, which will result in a lower number of crude oil barrels in the global markets.
HC targets opening 12 branches during 2016
Upcoming period will allow further growth and investment opportunities in the stock market, says HC CEO
Food Africa exhibition launched Wednesday
The volume of food exports from Egypt to African countries reached EGP 23bn
Protecting small enterprises’ portable devices
Awareness and suitable technology can play an important role in making notable achievements, on guarantee of protection for portable devices and offering help to the owners of the emerging enterprises regarding their company and business.
Distributors push to halt supplies of collected subscription payments, company threatens legal actions
Shorter contracting period, changing commission system sparked TE Data crisis
IMF technical assistance team to visit Cairo early June
To reduce the current budget deficit Egypt would need to export more, create policies to achieve this
Dana Gas produces 37,700 barrels of Egyptian oil daily during Q12015
Company pumps $350m for its GPEA project
Private Airlines expand aircraft numbers, launch new flights
Regarding promoting tourism, the private sector is a huge supporter of tourism, and most companies have flight lines between Sharm El-Sheikh, Hurghada, and many European Countries such as Poland, Germany and Italy.
Abraj Misr pumps EGP 2.5bn for 2 marina projects in Suez Gulf in H2 of 2015: Chairman
The marina projects in Ain Sokhna and Ras Sedr will be an added value to the tourism investment lands of a 25m sqm area
Abraj Misr pumps EGP 2.5bn for 2 marina projects in Suez Gulf in H2 of 2015: Chairman
The marina projects in Ain Sokhna and Ras Sedr will be an added value to the tourism investment lands of a 25m sqm area
30% of TDA projects will be via public EGX subscription: Serag el Din Saad
Authority will have to put general plan for mega projects whose land area is over 20m sqm
Arabia Group’s Sinai project implementation expected by end of 2015: Chairman
Security issues hinders project’s progress, Tarek Shoukry said
Expanding Blue Pearl projects in costal, new cities: Themar managing director
The company will complete the Blue Pearl project in Marsa Matrouh next year, says Ragab
MIH Chairman called on government to execute New Suez City project with EGP 20bn investments
We are waiting for the government’s response to with start contracting with an American engineering firm to design the blueprint, says El-Assal
Arab capital movement in Egyptian tourism, real estate still slow: TIA Chairman
Competition to attract Arab capital is stronger, Dubai competes in tourism and Saudi Arabia in industrial sector, says EBA Tourism Committee Chairman
Egypt’s tourism recovery may take longer than expected: Collier’s Sona
In the past 12 months, Colliers International has advised GCC developers on projects in Cairo and Marsa Alam
EGP 750m investments for Taqa Arabia in 2015: Executive Chairman
Company is executing 150MW capacity power plant to use gas in oil fields
EFSA preparing 1st real estate financing federation elections
The Egyptian Financial Supervisory Authority (EFSA) is participating in the “Mortgage Development Partners” conference, taking place on 12 May, as part of the “Partnership for Development” initiative. The conference targets community dialogue involving all professional sectors interested in mortgage activities and benefiting from it. It will discuss the opportunities and challenges facing the mortgage system …
Final contract preparations for private sector partnership in 2 months: Amin Abdel Moneim
Ministry of Housing rushes to prepare contracts for partnership, on back of Economic Summit MoUs
Tourism Ministry delays offering investors 95,000 metres in Luxor until 2016: Official
Area of Hadabet El-Toud is 5m metres, ministry aims to attract investments worth EGP 5bn
Tabarak Holding targets 2015 profits of EGP 100m
Company will have an EGP 600m IPO on the Egyptian stock market
Pharmaceutical factory worth EGP 250m in Indian investments inaugurated
Pharmed Healthcare also obtained licence to produce and market “Sofosbuvir” from US company Gilead