Economy

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

Latest Economy News

CBE postpones decision regarding EGP interest rate to negotiate with coordination council

The Monetary Policy Committee (MPC) meeting took three hours Thursday and ended…

Hossam Mounir Hossam Mounir

Al-Sisi met with the Chairman of the economic development

The meeting discussed ways to develop the projects at provinces

Nourhan Elsebahy Nourhan Elsebahy

Ministry of Finance announces EGP 96.7bn budget deficit in first trimester of FY 2015/2016

State expenditures totaled EGP 221.2bn, an increase from the EGP 183.7bn in…

Daily News Egypt Daily News Egypt

Ministry of Finances announces tax revenue for first third of FY 2015/2016

EGP 18bn increase in revenue compared to 2014/2015 FY attributed to reforms…

Daily News Egypt Daily News Egypt

Amer presents to Al-Sisi CBE efforts to stabilise prices, secure staple goods

The CBE governor met with the president to discuss the programme developed…

Hossam Mounir Hossam Mounir

EGP 3.5bn in urgent funds to improve public services: Finance ministry

Ministry of Finance dedicates EGP 100m for facilitating industrial zones in different…

Shaimaa Al-Aees Shaimaa Al-Aees

CBE postpones decision regarding EGP interest rate to negotiate with coordination council

The Monetary Policy Committee’s (MPC) meeting took three hours Thursday and ended…

Hossam Mounir Hossam Mounir

World Bank agrees on $3bn loan to support Egypt’s economic development

World Bank (WB) agreed to give Egypt a $3bn loan to support…

Shaimaa Al-Aees Shaimaa Al-Aees

Coordinating council for monetary policies held its first meeting

Council reviewed current situation of state general budget

Hossam Mounir Hossam Mounir

Government expands ministers’ authorities in direct assignment operations

The cabinet approved in its weekly meeting Wednesday new modifications in the…

Mohamed Ayyad Mohamed Ayyad