Latest Economy News
Egypt targets EGP 166.38bn increase in total tax revenues in FY 2018/19
Tobacco tax revenues increased EGP 7.072bn compared to expected FY 2017/18 financial…
EGP 89.75bn allocated for petroleum subsidies, EGP 16bn for energy subsidies in FY 2018/19
Food commodity subsidies increased by 36.6% to reach EGP 86bn
French delegation to visit Egypt seeking investment opportunities next week
CCI International Normandie is organising with Business France a visit to Egypt…
Targeted growth rates, unemployment
The government targets a gross domestic products (GDP) growth rate of 5.8%…
Egypt’s social spending strives to curb negative effects of reforms
Subsidies FY 2015/16 (billions of EGP) FY 2016/17 (billions of EGP) FY…
Egypt’s ambitious budget signifies further stable economic conditions
A slew of IPOs likely to boost country’s revenues, decrease deficit
Fiscal deficit to come down to 9.5% in FY 2018: FocusEconomics
FocusEconomics expects inflation to average 15.1% in 2018
Egypt main source of 2017 Middle East investments in France: Business France
300 Middle Eastern companies operated in France in 2017, employing over 24,000
Egypt’s annual inflation slows to 13.3% in March, marking lowest level since 2016
Beltone Financial forecasts another 100-basis point interest rate cut on May
AlexBank, Jordan Post sign agreement to enhance remittances service
The Bank of Alexandria (AlexBank) announced on Monday in Amman the signature…