Economy

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

Latest Economy News

Egyptian bond yields likely to fall further: Capital Economics

Local currency bond yields have dropped by 450-565 bp

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EGP 179.2bn value of state revenues in four months

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

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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

Al-Sisi demands ACA weekly report on number of established companies, obstacles

Since 2014, we have clear vision, ambitious economic reform programme, says minister

Shaimaa Al-Aees Shaimaa Al-Aees

Activation of online tax declaration service starts this week

Online inquiry available for results of form 41 of tax collection system

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250m Egyptian sports fund launched by Banque Misr

The Fund will be managed by Misr Beltone

Elsayed Solyman Elsayed Solyman

Government outstanding debt rises EGP 21.65bn in January 2018 

Balance increased from EGP 676.68bn to EGP 698.33bn by end-December 2017: Ministry…

Hossam Mounir Hossam Mounir

Egypt successfully raises $4bn in eurobond issuance; closes 3 times oversubscribed

The three-tranche offering is distributed across $1.25bn in five-year notes, with a…

Mohamed Samir Mohamed Samir

Finance Ministry prepares to replace stamp duties with capital gains tax on stock market transactions 

Plan to automate all taxation operations within 3 years, terminating paperwork

Nevine Kamel Nevine Kamel