The economic growth rate continued to increase during the fourth quarter (Q4) of fiscal year (FY) 2014/2015 at 4.5%, compared to 3.8% during corresponding quarter of FY 2013/2014.
The economic growth rate was 4.2% during FY 2014/2015 compared to (...)
Total tax revenues increased to EGP 36.1bn from July to August during the fiscal year (FY) 2015/2016 compared to EGP 27.0bn during the same period of FY 2014/2015, according to the Central Agency for Public Mobilization and Statistics (...)
The Economic Ministerial Committee met on Monday to decide on several key areas of business, including the budget, investment, development projects and boosting enterprise.
Among the key decisions reached at the meeting, which was chaired by Prime (...)
The monthly inflation rate increased by 2.3% during October compared to September, the Central Agency for Public Mobilisation and Statistics (CAPMAS) stated on Tuesday.
In October, 176.2 points were registered compared to 172.2 points registered in (...)
The Suez Cement Company's profits have decreased in the nine months ending in September 2015. There was an 81% decline in comparison to the same period last year.
The net profit for this period was EGP 69.4m ($8.7m) in comparison to EGP 363.8m (...)
The Egyptian mobile services company Mobinil reached a net profit of EGP 73.3m during July to September 2015 compared to the loss of EGP 252.5m during the same period last year.
According to a statement issued about the business results of the (...)
Prime Minister Sherif Ismail stressed on the importance of facilitating procedures related to increasing agricultural exports to Russia, according to a statement by cabinet spokesperson Hossam El-Kawish.
Ismail said the Egyptian government is keen (...)
The World Bank's board has suggested a new strategy to help countries of the Middle East reach stability after a period of political unrest and war.
The new strategy to assist the Middle East and North Africa will be based on four axes, said Hafez (...)
The Egyptian petroleum exports decreased by 40.7% last June, amounting to $378.1m in comparison to the $638m recorded in June 2014, the Central Agency for Public Mobilization and Statistics (CAPMAS) said in their monthly report.
The report added (...)
Qalaa Holding reported EGP 84.7m in net losses during the second quarter (Q2) of 2015, an improvement upon last year's reported losses of EGP 188.3m.
"On a six-month basis, the bottom-line posted a loss of EGP 196.9m, a 53% improvement compared to (...)