Latest Economy News
US Federal Reserve raises interest rates on dollar to 0.5%
The US Federal Reserve raised the interest rates on the dollar with…
Cabinet approves business in existing private free zone, declines establishing new ones
Giving license to established projects requiring heavy energy is not allowed except…
Government eyes 9.5% budget deficit, 5.5% economic growth
FY 2016/2017 draft budget will be the first discussed by parliament in…
Government did not yet determine VAT rate, execution depends on political leadership: Head of ETA
The burden on citizens will not increase after tax application
Oriental weavers facing challenges of local currency and Euro depreciation: Khamis
Political and economic turbulences in some export countries reduced exports’ revenues, company…
34.5% increase in public revenues during July, August: Ministry of Finance
Spending on public investment amounted to EGP 3.3bn, with an increase rate…
Ministerial committee formed to develop framework for economic, monetary policy
Committee includes CBE governor, and will deal with negotiations with finance and…
Monthly inflation rises by 2.8% in September
The annual inflation rate has recorded 9.4% in September 2015 compared to…
Dimian attends IMF, WB’s annual meeting in Peru
Finance minister will also attend meetings with high-level officials in international financial…