Business

Find the latest business news on Egypt’s stock market, banking, investments, tourism, automotive, international business, technology, interest rates, currencies and funds.
Latest Business News

Reducing energy subsidies is ‘good’ but may raise prices: Egyptian Steel chairman

Investors welcome the move to reduce energy subsidies, but ask government to…

Daily News Egypt

Tuk-tuk import ban upheld

The decision was discussed and approved by a governmental committee

Sara Aggour

Increasing tax revenues to EGP 10bn an ‘impossible task’: Head of Tax Experts Association

Government aims to increase tax revenues in new budget, but has refrained…

Daily News Egypt

Cash support a ‘lie’, will not improve the lives of the poor: AUC professor

Government to grant monetary support for the poor to compensate for energy…

Daily News Egypt

Government will be unable to meet fuel subsidy bill proposed in budget: Former petroleum minister

Arab countries offered a petroleum grant last year valuing EGP 80bn, which…

Daily News Egypt

Government investment allocations “weaken growth”: Ain Shams Professor

Government has allocated EGP 62.2bn in government investments, described by experts as…

Daily News Egypt

Government subsidies on basic food commodities do not reach poor: Expert

State budget for subsidised food commodities in FY 2014/2015 is EGP 34.05bn,…

Doaa Farid

FY 2014/2015 state budget announced, analysts weigh in

Public expenditure increases, revenues target decreases and GDP growth rate expected to…

Sara Aggour

FY 2014/2015 state budget referred to presidency for approval

Budget witnesses major changes in health, education, electricity and petroleum products subsidies.

Sara Aggour

Al-Sisi, Sabahy’s dueling economic platforms

The Daily News Egypt lists the economic pledges made by both candidates

Sara Aggour