Economy

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

Latest Economy News

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

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

CJJ implements digital justice system from CaseLines

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

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

Foreign exchange sources remain cornerstone of Egyptian economy in 2019

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

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

Lazard to promote Egypt’s investment opportunities

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

Mohamed Samir

Egypt would be among 10 top economies by 2030: Standard Chartered

Seven of world’s biggest economies by 2030 will likely be current emerging…

Daily News Egypt

Egypt’s economic growth to reach 5.7% in 2019: WB

WB expects global economic growth to slow to 2.9% in 2019

Nehal Samir

Egypt’s economic outlook remains positive, backed by tourism, natural gas: Credit Suisse

Weak FDI, reliance on hot money, inflation still challenging

Mohamed Samir