Economy

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

Latest Economy News

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

Egyptians bought five tonnes of gold jewellery within three months: World Gold Council’s report

Iran, Turkey leading decline in jewellery demand in Middle East, states report

Nehal Samir Nehal Samir

Fund project growth to reach 6%, unemployment rate, inflation to fall to 7%: IMF’s senior resident representative to Egypt

Strong private sector essential for job creation, this requires improving business environment,…

Nevine Kamel Nevine Kamel

Customs dollar set at EGP 16 in August: finance minister

Capital Economics expects customs dollar to rise to EGP 19 by year…

Hossam Mounir Hossam Mounir

EGP 324.4 spending on subsidy in FY 2017/2018

The spending on subsidy in state budget reached  EGP 324.4 in fiscal…

Shaimaa Al-Aees Shaimaa Al-Aees