Economy

Economy

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Egypt will lower the top tax rate and threshold for companies and individuals in high income brackets and freeze a 10 percent tax on...

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A government-owned sugar company said it has endured millions of pounds in losses this year due to rising sugar imports.   Abdel Hamid Salama, CEO, Delta...

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Egypt's market extended its heavy losses on Thursday's session, as the benchmark EGX30 index went down 0.94 percent, recording 7,172.63 points and a turnover...

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Egypt's largest steel maker Ezz Steel's net loss in the first quarter of 2015 increased to LE136 million ($17 million) from a LE19 million...

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Aberdeen Asset Management increased its stake in Egyptian food firm Juhayna to 5.08 percent from 4.38 percent, the Britain-based fund company said in a...

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Emirati real estate giant Arabtec has said that negotiations are still ongoing with the Egyptian government for a one-million-home project, a national undertaking celebrated...

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 Egypt's Ezz Steel's net loss in the first quarter of 2015 widened to LE136 million ($17 million) from a LE19 million loss in the...

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 Kuwait's Al Ahli Bank received approval from the Egyptian Financial Supervisory Authority (EFSA) to acquire a controlling stake in Piraeus Bank's Egypt unit, it...

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Egypt will start lowering the tax ceiling for companies and individuals in high income brackets and freeze a 10 percent tax on capital gains...

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Tourism to Egypt increased by 4.4 percent in June, according to a government report which said the number surged from 785,900 in June 2014...