Economy

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

Latest Economy News

EFG Hermes plans to implement 18 deals in 2018: executive management

Deepening presence in current markets, taking six months before studying new markets,…

Ahmed Farahat

Sarwa Capital to float 40% of its capital in October

52% Net profit cagr from 2013 to 2017, Beltone manages IPO

Mahmoud El-Qassas

EU dedicates €113.3m funds to Egypt in 2018: ambassador

€11BN total ongoing aid commitments of EU Member states, EU institutions, EFI…

Shaimaa Al-Aees

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

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

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

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

$1.2bn IFC investments in Egypt in FY 2018

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

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