Saturday 27 December 2014
 
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Egypt government

Orascom halts $1bn tax payment to Egypt

Orascom Construction Industries has suspended payment of a Dec. 31 instalment of a 7.1 billion Egyptian pound ($1.02 billion) tax settlement with Egypt's government, its Amsterdam-listed parent company OCI NV said on Wednesday.

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Orascom halts $1bn tax payment to Egypt

Orascom Construction Industries has suspended payment of a Dec. 31 instalment of a 7.1 billion Egyptian pound ($1.02 billion) tax settlement with Egypt's government, its Amsterdam-listed parent company OCI NV said on Wednesday.

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Egypt govt aims to rely less on local banks

Egypt is looking at ways to reduce its dependence on borrowing from local banks because it is a burden on the economy, the finance minister said on Sunday. The government, grappling with an economic slowdown and rising costs after a popula

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Egypt govt, opposition to set up reform panel

The government and opposition groups in Egypt have agreed to set up a committee to study constitutional reform after days of protests demanding President Hosni Mubarak's ouster, the BBC reported. The move followed talks between ne

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