Business & Finance

Egypt, Russia ink MoU for cooperation in taxation administration

Head of the Egyptian Tax Authority (ETA) Rasha Abdel Aal inked with Commissioner of the Russian Federal Taxation Service Daniil Yegorov a memorandum of understanding for technical cooperation in the field of the work of the tax administration on the s…

Basra Heavy and Medium Crude Prices Drop

Basra Heavy and Medium crude prices recorded a decline this morning, Wednesday, despite the global rise.

Basra Heavy crude prices fell by $1.36 to reach $67.21, and Medium crude prices fell by $1.36 to reach $70.21.

Oil prices rose, amid fears that …

CBE: Egypt’s Real GDP Grows 2.4% in 9 Months

Egypt’s real gross domestic product (GDP) grew 2.4 per cent during the period from July 2023 to March 2024, compared to 4.1 per cent in corresponding period last year, a central bank report showed on Wednesday2/10/2024.

According to the Central Bank …

Cabinet Express Concerns Over Developments in Lebanon

The cabinet voiced deep concerns about the ongoing developments in Lebanon.

It asserted Egypt’s full solidarity with the Lebanese government and people, pledging to exert all needed efforts to maintain stability, unity of lands and sovereignty of Leb…

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