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Business
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Economy
12/4/2023 5:09:23 PM
Egypt’s tax revenue jumped 34.83 percent on an annual basis during the first three months of the new fiscal year (FY) 2023/2024, according to data released by the Ministry of Finance on Monday.
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Business
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Tech
11/28/2023 6:09:03 PM
Software and digital technologies are anticipated to contribute 29 percent of companies' revenues worldwide by 2030, a substantial increase from seven percent now, according to a recent report by French information technology services and consulting company Capgemini SE.
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Sports
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World
11/15/2023 2:05:25 PM
Manchester City announced record-breaking revenue of £712.8 million ($888 million) for their treble-winning season on Wednesday -- far outstripping the previous mark reported by Manchester United just last month.
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Sports
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World
10/26/2023 4:48:25 PM
Manchester United on Thursday reported a Premier League record revenue figure of £648.4 million ($784 million) for the year ending June 30, 2023.
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Business
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Economy
10/11/2023 12:04:14 PM
Egypt’s gross debt-to-GDP ratio is projected to be 92.7 percent in 2023, the highest among the emerging markets and the middle-income economies, the International Monetary Fund (IMF) said on Wednesday.
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Al-Ahram Weekly
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Opinion
10/10/2023 5:19:36 PM
Should the informal economy in the developing countries be left to its own devices or should it be integrated into the formal economy to reflect its role in the GDP, increase tax revenues and social security coverage, asks Mahmoud Mohieldin
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Egypt
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Tourism
10/5/2023 4:58:14 PM
Egypt’s tourism revenues hit a record high of $13.6 billion in FY2022/2023, up by 26.8 percent from $10.7 billion in FY2021/2022, the Central Bank of Egypt (CBE) reported on Wednesday.
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Business
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Economy
10/4/2023 10:20:49 PM
Egypt turned a $10.5 billion deficit in its Balance of Payment (BoP) in FY2021/2022 to a surplus of $882 million in FY2022/2023, catapulted by record revenues from tourism and the Suez Canal.
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Business
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Economy
9/14/2023 1:24:52 PM
Egypt's Suez Canal Economic Zone (SCZone) revenues hit a record high of EGP 6.065 billion in FY2022/2023, which ended in June, the SCZone said in a statement on Thursday.
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Al-Ahram Weekly
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World
8/17/2023 3:24:00 PM
Israel is worried about understandings between the US and Iran that recently resulted in an agreement on the exchange of prisoners and the release of frozen funds from Iranian oil revenues.
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Al-Ahram Weekly
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Egypt
8/9/2023 9:05:00 PM
On the eighth anniversary of the opening of the New Suez Canal, the international waterway is realising record earnings.
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Business
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Markets & Companies
8/6/2023 2:40:16 PM
Egypt's largest tobacco producer Eastern Company is expected to raise prices by 16.9 percent annually through FY2027/2028, to bolster its revenues, according to a report by HC Brokerage released Sunday.
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Al-Ahram Weekly
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Egypt
7/29/2023 5:26:00 PM
New head of the Egyptian Tax Authority Fayez Al-Dabaani explains plans to achieve Egypt’s targeted tax revenues.
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Business
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Markets & Companies
7/26/2023 11:15:07 PM
Airbus and Boeing both stepped up deliveries of commercial aircraft in the first half of this year, boosting revenue as they strive to ramp up production to meet demand from airlines.
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Business
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Economy
7/25/2023 9:03:25 PM
Revenue from the Suez Canal and tourism in Egypt rose by 22.3 percent and 25.7 percent, respectively, during the first nine months of the fiscal year (FY) 2022/2023, while remittances from Egyptian expats dropped over 26 percent, according to a report published by the Central Bank of Egypt (CBE) on Tuesday.
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World
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Region
7/8/2023 5:43:17 PM
Rivals in politically divided Libya have agreed to form a committee on sharing oil revenues, a move welcomed Saturday by the UN, after the Libyan National Army (LNA) in the east sought a "fair" split.
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World
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Region
7/5/2023 11:14:12 AM
Libyan National Army commander Khalifa Haftar, who backs the politically-split country's eastern administration, has threatened military action unless oil revenues are divided fairly by the end of August.
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Business
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Economy
6/30/2023 11:12:08 PM
Egypt's new budget for FY 2023/24 takes effect on 1 July, with higher revenues and expenditures forecasted by the government.
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World
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Region
6/24/2023 9:54:47 PM
The head of Libya's east-based administration threatened Saturday to block oil and gas exports from territory under its control, claiming the UN-recognised government in Tripoli was wasting energy revenues.
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World
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Region
6/21/2023 10:21:31 PM
Iraq's president on Wednesday approved a record $152 billion budget that the parliament voted on earlier this month and which adds about half a million public sector jobs drawing criticism from the International Monetary Fund (IMF) for over-optimistic projections.
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