The prolonged tax disputes between Orascom Construction Industries (OCIC.CA) and the Egyptian Tax Authority (ETA) will be resolved soon through an anticipatory settlement agreement, Egypt's Finance Minister said on Sunday.
The tax dispute was over (...)
The Egyptian Minister of Finance El-Morsi El-Sayed Hegazy announced that the state's budget deficit is expected to reach EGP 188 billion in FY 2012/2013.
On the sidelines of the Second Investment Conference on Investment in Public-Private (...)
One of the largest banks in Saudi Arabia is in talks with Tarek Amer, former chairman of National Bank of Egypt (NBE), to head the Saudi bank, sources at the Egyptian-Saudi Business Council said.
The bank currently negotiates with Amer over the (...)
Foras International Investment, the financial arm of the of the Islamic Chamber of Commerce, is studying a $100 million venture capital company in Egypt within the second half of the year 2012.
Familiar sources told Amwal Al Ghad that the company is (...)