Economy

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

Latest Economy News

Egypt’s trade deficit declined by 22% in February: CAPMAS

Egypt’s trade deficit declined by about 22% in February 2016 compared to…

Mohamed Ayyad

9.1% increase in average weekly wages for workers in 2015: CAPMAS

Average weekly wage for male employees in public sector is EGP 1,042…

Daily News Egypt

New wells tested by Eni in the Noras field: chief exploration officer

Data from west of Abo Madi revealed that there may be a…

Mohamed Adel

Egyptian imports decline by 27% in January and February

Egypt's recorded US$1.891bn in non-oil exports, an increase of 4%

Shaimaa Al-Aees

Saudi officials meet with Saudi, Egyptian businessmen

A Saudi-Egyptian forum to take place on Saturday

Sara Aggour

Balance of Payments overall deficit rose to $ 3.4bn during six month of FY 2015/2016

Net inflows of foreign direct investment in Egypt rose from $ 2.6bn…

Shaimaa Al-Aees

Moody’s praises CBE pound devaluation

Flexible exchange rate can offset some major challenges, Moody’s says

Daily News Egypt

Egypt does not have time to remove bureaucratic obstacles: Salman

Salman added that his ministry will work easing investment procedures in front…

Daily News Egypt

JP Morgan expects further EGP devaluation, IMF loan deal

The US firm expects higher interest rates

Daily News Egypt

Visa to open office in Côte d’Ivoire to accelerate digital Payments

The office will facilitate engagement with key stakeholders in the region

Daily News Egypt