Economy

Get the latest economic news and analysis on the Egyptian and global economy from the Daily News Egypt,

Latest Economy News

Egypt to select banks to arrange issuance of eurobonds in 2 weeks

Minister of Finance Amr El-Garhy announced that Egypt will select the banks…

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BPE Investments to launch IPO from 13-25 March

BPE Holding for Financial Investments, one of Egypt’s leading private equity companies,…

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Deputy finance minister for tax policies resigns 

Amr El-Monayer, deputy finance minister for tax policies, submitted his resignation to…

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Dive into EFG Hermes survey naming Egypt best-performing market in region

2018 forecasted to be breakout year for FEMs, says Karim Awad

Mohamed Samir Mohamed Samir

Chinese investments across the world

Overseas Chinese investment allows China to enhance its own economy, increase its…

Reem Hosam El-din Reem Hosam El-din

Government targets trillions in national project investments: Hala Al-Saeed

The Egyptian government aims to increase the value of total investments by…

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Completion of customs bill, executive regulations within days: Customs Authority

New customs law exempts blind persons’cars, injured military, police personnel from customs 

Nevine Kamel Nevine Kamel

Egypt rate cuts made possible by macro stabilisation: Fitch Ratings

Fitch expects CBE to cut rates another 200-300 bps this year, despite…

Shaimaa Al-Aees Shaimaa Al-Aees

Finance Ministry finalises simplified tax system for small business taxpayers

Ministry aims to reduce debt-to-GDP ratio from 41% in FY 2016/2017 to…

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Beltone expects dollar exchange rate to reach EGP 17.55 in FY 2017/2018

Short-term external debt levels main obstacle to improving economic indicators

Hossam Mounir Hossam Mounir