Economy

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

Latest Economy News

Oil prices trend to continue in 2016:  Jadwa Investment

Company lowered its forecast for oil prices throughout 2016 to $43 per…

Daily News Egypt

GCC States approaching towards tax reforms: Deloitte

Saudi Arabia is committed to BEPS initiative and OECD action plan

Gehad El-Shaik

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

Al-Sisi met with the Chairman of the economic development

The meeting discussed ways to develop the projects at provinces

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

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

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

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

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

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