Economy

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

Latest Economy News

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…

Daily News Egypt Daily News Egypt

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…

Daily News Egypt Daily News Egypt

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

Egyptian bond yields likely to fall further: Capital Economics

Local currency bond yields have dropped by 450-565 bp

Daily News Egypt Daily News Egypt

EGP 179.2bn value of state revenues in four months

During the first four months of the fiscal year 2017/2018, state revenues…

Daily News Egypt Daily News Egypt

58% targeted investments from private sector: Hala Al-Saeed

Minister of Planning, Follow-up, and Administrative Reform Hala Al-Saeed said that her…

Ahmed Farahat Ahmed Farahat

SMEDA signs cooperation agreements with 14 NGOs in microfinance field

We seek to encourage establishment of microenterprises, with aim of improving living…

Hossam Mounir Hossam Mounir