Economy

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

Latest Economy News

We aim to achieve surplus, reduce overall deficit to 8.4% of GDP: finance minister

Plans to offer five other State-Owned Companies in Q1 2019

Ahmed Farahat Ahmed Farahat

Moody’s changes outlook on Egypt’s rating to positive, affirms B3 rating

Improving Moody's outlook for Egypt contributes to attracting investments, says finance minister

Daily News Egypt Daily News Egypt

Turkish Lira plummets with limited effects on Egyptian economy: analysts

Turkey modestly shares in Egyptian total exports with about 5%, says EFG-Hermes macroeconomic analysis

Hagar Omran Hagar Omran

2.5% increase in inflation rate in July: CAPMAS

The inflation rate stood at 289.9 points in July, at a 2.5%…

Daily News Egypt Daily News Egypt

$1.2bn IFC investments in Egypt in FY 2018

IFC said finance is helping to create jobs, improve local infrastructure, boost…

Shaimaa Al-Aees Shaimaa Al-Aees

First sukok conference in Egypt to be launched on 23 October

Regional financial institutions, international banks discuss opportunities for providing funding for institutions…

Daily News Egypt Daily News Egypt

Fitch affirms Egypt’s positive outlook, B rating

Public finances remain Achilles heel of Egypt's credit profile, yet Fitch estimates…

Mohamed Samir Mohamed Samir

Proceeds of first government IPO amount to EGP 20bn: Kouchouk

Finance Ministry to detain promotional plan, offering bonds in Asian countries

Ahmed Farahat Ahmed Farahat

We annually invest about $17bn in region: WB’s vice president for Africa

African countries recommended to heavily invest in infrastructure, energy, ICT

Hagar Omran Hagar Omran