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

Egypt’s financial regulator signs information-sharing agreement with Dubai counterpart

Agreement aims to enhance cooperation between the two authorities

Daily News Egypt

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