Spare-Parts
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Egypt to impose 8 pct import tariff on steel rebar
Egypt's major steelmakers had petitioned the government to impose anti-dumping measures on rebar and wire rod imports.
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Notorious conman reveals holes in Egyptian investment market
Imposing a tax on financial documents owned by the investment funds, even if they are not sold, places a burden on these funds, HC Securities Deputy Chairman says.
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IMF says Egypt’s measures against currency parallel market ‘welcome’
The pound stabilized against the dollar on the parallel market as it was changing hands at 7.62 EGP per dollar.
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Egypt: FM Meets Hungarian Economy Minister
The meeting took up means of promoting tourism, economic, trade and investment cooperation.
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Egypt, Sudan to Open Qastal Port 30 April
President Abdel Fattah Al-Sisi stressed the importance of cooperation with Africa.
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Hungary, Egypt sign tourism agreement
According to Varga the agreement would aid exchanges between businesses, experts and the two states in general.
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Kuwait deposits $2b in Central Bank of Egypt
Four Gulf countries pledged a total of $12.5 billion in fresh support for the Egyptian economy.
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IMF upgrades outlook for Egypt’s economic growth to 4% in 2015
This upgrade was the first positive step from the most reserved rating agency since the January 25 Revolution in 2011.
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Egypt’s AIIB membership approved
Final decision for approving Egypt’s membership was in hands of bank’s approved members.
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Orascom Development Holding records $37.01m net profits in 2014
The group had accumulated losses worth $171.3m in 2013.