Economy

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

Latest Economy News

Egypt’s budget deficit to decline in 2013/2014 fiscal year

The total revenue of the fiscal year 2013/2014 will reach EGP 505.5bn…

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Non-petroleum exports surge in Q2 of 2012/2013

Exports registered EGP 16.3bn in the same period last year.

Nada Badawi Nada Badawi

Abed Al-Lahi puts forth a reconciliation initiative with the Egyptian-Qatari Business Council

The initiative discusses all issues having to do with the council previously…

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Egypt’s Stock Exchange launches new website

The website was in a testing phase on Wednesday and was scheduled…

Nada Badawi Nada Badawi

Finance minister advocates benefits of smartcard system

The distribution, slated for July and August, will be carried out electronically…

Hend El-Behary Hend El-Behary

OCI NV complete acquisition of 97.44% of Orascom Construction Egypt

The remaining shares of OCI SAE include 0.47% listed in global depository…

Sara Aggour Sara Aggour

Egypt’s government cancels tax returns on properties

The law will affect all new homeowners, who will pay a tax…

Hend El-Behary Hend El-Behary

‘Tamarod’ in Banque Misr

Bank employees demonstrating to dismiss chairman

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Supply directorates provide goods to offset impact of political turmoil

A representatives from within the Al-Minya supply directorate, said the governorate’s bakeries…

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Second stage of smartcard programme set for 1 August

The most recent statistics coming from the Egyptian General Petroleum Company show…

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