Economy

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

Latest Economy News

Egypt reports respective 17%, 12% decrease in trade deficit, imports

Country’s exports stood at EGP 22.8bn in 11M of 2020

Shaimaa Al-Aees

2020 Egypt economy contracts 1.1%, but 6.1% recovery projected in 2021: ESCWA

COVID-19 caused losses of about $140bn for Arab region in 2020, says…

Nehal Samir

Portfolio investment flows to EMs to recover slowly in 2021: CBE

Egyptian economy contained reversal in portfolio investment flows thanks to its relatively…

Hossam Mounir

Finance Ministry extends real estate tax returns submission until March 2021

Egypt’s Minister of Finance Mohamed Maait has agreed to extend the submissions…

Daily News Egypt

Public investments in Sohag, Qena rise 62% in FY 2020/21: Planning Minister

Latest data on Egypt’s income, spending affirms success of country’s poverty reduction…

Daily News Egypt

Central Bank of Egypt extends measures to contain COVID-19 repercussions until June 2021

Extension reflects CBE’s keenness to protect national economy, preserve gains of reform

Hossam Mounir

EIB to finance 3 transport projects worth €1.1bn in Egypt

Funding comes within €1.9bn financing package approved by EIB last July

Nehal Samir

Egypt maintains poverty growth at 1.7% over past 5 years: Social Solidarity Ministry Adviser

Country shifted from "cruel" state to "merciful" state in 1960s, to state…

Tamer Farhat

International Cooperation Ministry internationally praised for people-centred approach

‘We are inspired by Egyptian ministry’s proactive role to foster transparent engagement,’…

Daily News Egypt

Engaged private sector is key theme for Egypt in 2021: Al-Mashat

Egypt’s aim of scaling up its engagement with the private sector in…

Nehal Samir