Economy

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

Latest Economy News

Egypt’s foreign exchange inflows hit $150bn since November 2016

Washington, DC- Foreign exchange flows received by the Central Bank of Egypt…

Shaimaa Al-Aees Shaimaa Al-Aees

World economic growth projected to pick up in H2 of 2019: IMF

Global growth softened to 3.6% in 2018, predicted to decline further to…

Shaimaa Al-Aees Shaimaa Al-Aees

Reform achievements are impressive, ensuring sustainability is essential: Beltone

Firm forecasts EGP 17.6 per USD in FY 2018/19, EGP 17.1 per…

Daily News Egypt Daily News Egypt

Moody’s views Egypt’s FY 2019/20 draft budget as credit positive, forecasts 7.5% deficit

Minimum wage adjustments in private sector to follow, increase likely to support…

Mohamed Samir Mohamed Samir

Egypt targets 7.2% deficit, 6% GDP growth, 6.163tn total GDP in FY 2019/20

New draft budget sets price of Brent crude at $70 per barrel,…

Mohamed Samir Mohamed Samir

CJJ implements digital justice system from CaseLines

Judges will now be able to work efficiently from their home offices

Daily News Egypt Daily News Egypt

Fiscal deficit falls to 9.8% of GDP in FY18 from 12.5% in FY16: OBG

IMF’s credit reduced government debt from 103% of GDP in FY 2016/17…

Daily News Egypt Daily News Egypt

Foreign exchange sources remain cornerstone of Egyptian economy in 2019

Attracting more FDIs, boosting exports, main recommendations, say experts

Hagar Omran Hagar Omran

Guggenheim CIO Minerd sees no Fed rate hikes in 2019, good year for EM

Governments need to provide incentives, set boundaries, regulations to boost sustainable investments,…

Mohamed Samir Mohamed Samir

Lazard to promote Egypt’s investment opportunities

Prime Minister, Minister of Investment sign agreement with global asset management company…

Mohamed Samir Mohamed Samir