Inflation likely to resume rally if government delivers on next round of austerity measures

Research houses expects prices to shoot up again with applying subsidy cuts and VAT

Elsayed Solyman

Increase in stamp and tax collections in next budget: government source

Recent increases reduce the budget deficit and contribute to the control of debt, but increase pressure on citizens, Hani Tawfek 

Mohamed Ayyad

Al-Sisi heads to Germany for German-African Summit

President is scheduled to meet with chancellor Merkel to discuss latest developments in the region and bilateral relations

Farah Bahgat

Endowments Authority aims to increase revenues to EGP 1.5bn in FY 2017/2018

The ministry studies to establish service, recreational, and commercial projects, says Abdel Hafez

Aisha Zidane

Egyptian Business Association set to address the cabinet about problems resulting from 2% rise in interest rate after Eid Al-Fitr

The committee addresses the government to provide the land to the general developer companies, says Fawzy

Shaimaa Al-Aees

Investment Ministry, AmCham cooperate to promote Egyptian economy to American financial community

We are working on finalising the comprehensive investment map for Egypt, says Nasr

Daily News Egypt

Finance Ministry considers increasing cigarette prices by EGP 0.5-2

We have submitted a proposal to increase the tax on imported hookah tobacco by 175% next fiscal year, says Imbaby

Ahmed Farahat

Most TV series during Ramadan rely on sexual-related content

A report by the Supreme Council for Media Regulations documented shows with verbal vulgarity, political projections, and sex promotion 

Nada Deyaa’

Egypt is staying the course: Deutsche Bank

Egyptian authorities reached staff-level agreement with IMF on first review under $12bn EEF, says the Deutsche Bank Markets Research

Hossam Mounir

SMEs Development Authority signs 6 micro finance projects in 5 governorates

Contracts benefit 1,300 people from Cairo, Minya, Qena, Menoufia and Sohag: Gamea

Daily News Egypt