Latest Economy News
Cross- Border M&A Index Middle East for Q4 of 2015 Reaches 546.5 Deals
Cross-regional deals fueled by the Middle East totaled 105 deals valued at…
EGP 6bn losses in tourism sector in Sharm El-Sheikh in 3 months: South Sinai Governor
Governor of South Sinai Major General Khaled Fouda said the tourism sector…
$3.3tn of Arab banking sector assets by end of September 2015: Barakat
Only 8% of total financing in Arab banks goes to SMEs
First portion of WB loan has not entered CBE yet: CBE Deputy Governor
Deputy Governor of the Central Bank of Egypt (CBE) Tarek Fayed asserted…
Oil prices trend to continue in 2016: Jadwa Investment
Company lowered its forecast for oil prices throughout 2016 to $43 per…
GCC States approaching towards tax reforms: Deloitte
Saudi Arabia is committed to BEPS initiative and OECD action plan
CBE postpones decision regarding EGP interest rate to negotiate with coordination council
The Monetary Policy Committee (MPC) meeting took three hours Thursday and ended…
Al-Sisi met with the Chairman of the economic development
The meeting discussed ways to develop the projects at provinces
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…
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…