Economy

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

Latest Economy News

Global economic recovery depends on effectiveness, availability of COVID-19 vaccines: CBE

The CBE decided on Thursday, to keep the basic interest rates at…

Hossam Mounir

Egypt receives 3.7m tourists in 2020 bringing average revenues of $4.1bn: Tourism Minister

Egypt’s Minister of Tourism and Antiquities Khaled El-Anani has revealed that the…

Daily News Egypt

Egypt to enhance private sector participation in development: International Cooperation Minister

Ministry will this year focus on greater private sector participation, particularly in…

Daily News Egypt

IMF revises up projection for MENA region growth to 3.3% in 2021

Road to recovery in Middle East, Central Asia hinges on containment measures,…

Nehal Samir

Central Bank of Egypt to review interest rates for 1st time in 2021 on Thursday

In its last meeting for 2020, Bank decided to maintain deposit and…

Hossam Mounir

Egypt commences offering of T-bills, bonds worth EGP 199.5bn

Total of 16 bids received for T-bills worth EGP 142.5bn, and 10…

Hossam Mounir

EGP 260m allocated to improve social protections: Egyptian Finance Minister

Egypt ranks first in indebtedness reduction index, says Mohamed Maait

Sarah El-Sheikh

Government affirms positive IMF reviews of Egypt’s economic progress

IMF praises Egyptian government’s provision of assistance to individuals, companies most affected…

Daily News Egypt

President Al-Sisi stresses need for containing economic consequences of COVID-19

Egyptian President reviews banking, monetary systems updates with CBE Governor, Prime Minister

Daily News Egypt

Sukuk changes Egypt’s financing methods, expected to surpass EGP 20bn in 2021

More Sukuk issuances needed to clarify amendments that executive regulations need:AlieldeanWeshahi& Partners

Daily News Egypt