Economy

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

Latest Economy News

Egyptian economy to grow 2.7% in fiscal year 2020/21: World Bank

Egyptian economy has been heavily disrupted by coronavirus pandemic. However, it avoided…

Shaimaa Al-Aees

Egypt looks forward to maximising US investment activities: Finance Minister

Egypt’s Minister of Finance Mohamed Maait has expressed the Egyptian government's aspiration…

Daily News Egypt

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

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

Daily News Egypt

Central Bank of Egypt directs for accelerating financial transfers

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

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

US Treasury Secretary Steven Mnuchin visits Egypt

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

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…

Daily News Egypt

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…

Daily News Egypt

Poverty increases vulnerability to mental health conditions: Study

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

Daily News Egypt