Economy

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

Latest Economy News

Egypt’s International Cooperation Ministry secures $9.8bn in development financing during 2020

Ministry of International Cooperation launches new interactive website to track Egypt’s Sustainable…

Nehal Samir Nehal Samir

Finance Ministry urges taxpayers to promptly settle tax disputes before year-end

Vice Minister of Finance for Appeal Committees and the Dispute Resolution Committees,…

Daily News Egypt Daily News Egypt

Egypt’s economic reform improves macroeconomic stability, restores confidence: WB

Egypt's reforms have yet to trigger a marked and sustained increase in…

Shaimaa Al-Aees Shaimaa Al-Aees

Businesses’ Performance in Egypt is expected to grow in upcoming 2 years

The Egyptian Cabinet's Information and Decision Support Center (IDSC) published an infographic…

Daily News Egypt Daily News Egypt

Cabinet approves transfer of Agrium’s stake in MOPCO to Finance Ministry to end dispute

The Canadian fertilizer company Nutrien’s (formerly Agrium) stake in Egypt’s Misr Fertilizer…

Alyaa Stohy Alyaa Stohy

Developing 1m residential units can increase Egypt’s GDP by EGP 2trn annually: Hisham Talaat Moustafa

Hisham Talaat Moustafa said that talks over launching a mortgage finance initiative…

Shaimaa Al-Aees Shaimaa Al-Aees

Britain’s economy to recover in 2021, won’t reach pre-covid levels: experts

Britain's economy in 2021 will be affected by disruption related to the…

Xinhua Xinhua

Egypt`s economy to grow 2.8% in FY 2020/21, versus 3.5% growth estimate in 2019/20: IMF

IMF projects global growth of -4.4%, upward revision of 0.8% compared to…

Nehal Samir Nehal Samir

World Bank grants South Sudan $45m to improve service delivery

Millions in South Sudan have been displaced, and the already scarce social…

Xinhua Xinhua

Fitch lowers US credit outlook to negative from stable

Fitch expected the US economy to contract by 5.6% in 2020 and…

Xinhua Xinhua