Economy

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

Latest Economy News

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

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

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

Egyptian bond yields likely to fall further: Capital Economics

Local currency bond yields have dropped by 450-565 bp

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

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

SMEDA signs cooperation agreements with 14 NGOs in microfinance field

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

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

Activation of online tax declaration service starts this week

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

Daily News Egypt

250m Egyptian sports fund launched by Banque Misr

The Fund will be managed by Misr Beltone

Elsayed Solyman