Latest Economy News
No sustainable post-COVID-19 recovery in MENA region without strong governance: IMF
The Middle East and North Africa (MENA) region will be unable to…
World lives in digital age, with three pluses, one minus: IMF
One minus refers to inequality in access to technology
UK Prime Minister commits £3bn in climate finance for environment protection
UK - Egypt partnership at 2019 UN Climate Summit on adaptation, mitigation…
Egypt, ITFC sign finance cooperation programme worth $1.1bn
Programme to finance Egypt’s imports of basic commodities such as food and…
Egypt, EBRD, UNWTO sign COVID-19 Tourism Recovery Assistance Package
Package aims to promote tourism sector’s resilience, sustainability, and inclusive growth
Government capable of meeting market needs for coins: Finance Ministry
Over EGP 1m in coins are produced per day, EGP 30m delivered…
Egypt’s external debt rises to $125.3bn in September 2020
Long-term dues account for 90.2% of country’s total external debt
Egypt tourism sector receives 60% of dues from foreign tour operators: Al-Anani
Country has strong relationships with international travel and tourism companies, says Tourism…
Planning Ministry announces start of subscriptions to ‘Seyola’ cash fund
New cash fund part of NI Capital’s plan to enhance financial inclusion
UPDATE: Egypt’s urban inflation falls to 5.4% in December 2020
Headline inflation records 5.1% in 2020, down from 8.5% in 2019