Economy

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

Latest Economy News

Egypt, South Korea discuss bilateral cooperation, COVID-19 response

Egypt’s Minister of Planning and Economic Development Hala El-Said received South Korea’s…

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Central Bank of Egypt directs for accelerating financial transfers

Intra bank transfers to be carried out in 2 hours, while interbank…

Hossam Mounir Hossam Mounir

Egypt’s net international reserves rise to $40.062bn in December 2020

FX reserves increase by about $364m to $35.399bn in December

Hossam Mounir Hossam Mounir

US Treasury Secretary Steven Mnuchin visits Egypt

Mnuchin’s visit to reaffirm enduring US commitment to Egypt, and explore areas…

Nehal Samir Nehal Samir

Global economy to expand by 4% in 2021: World Bank

“Top near-term policy priorities are controlling the spread of COVID-19, and ensuring…

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Egypt is 3rd largest beneficiary of IsDB funds, receiving $12.7bn: Hala El-Said

Egypt is the third largest beneficiary of the total appropriations from the…

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Poverty increases vulnerability to mental health conditions: Study

Eastern Mediterranean countries are witnessing higher rates of mental health disorders than…

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Central Bank of Egypt receives 35 bids worth $1.0511bn for latest T-bills tender

The Central Bank of Egypt (CBE) has announced it has received 35…

Hossam Mounir Hossam Mounir

Egypt, KOICA negotiate new public service digitisation project

Korean agency to implement two projects, worth $6.5m, by 2021 on women’s…

Nehal Samir Nehal Samir

Central Bank of Egypt to issue $850m worth T-bills tender on Monday

The Central Bank of Egypt (CBE) will issue, on Monday, a tender…

Hossam Mounir Hossam Mounir