Economy

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

Latest Economy News

$17.5bn foreign investments in debt instruments by the end of June

$3-4bn the volume of foreign investments exit in Egypt’s debt instruments during…

Shaimaa Al-Aees Shaimaa Al-Aees

EGP 157bn increase in tax revenues in FY 2017/2018: Finance Minister

Decrease in budget deficit to reach 9.8% in FY2017/2018 compared to 10.9%…

Ahmed Farahat Ahmed Farahat

GlassRock investments reached $63m by end of 2017

Company produces 50,000 tonnes per year, supplies insulation materials for 20 building…

Mohamed Farag Mohamed Farag

Nasr negotiates with WB to expedite $500m social housing fund

Reports emerge that Egypt requests $2bn from WB

Mohamed Samir Mohamed Samir

High return on debt instruments maintains attractiveness of investment in Egyptian market: Beltone 

Decision to stabilise interest rate was expected, took into account expected inflationary…

Hossam Mounir Hossam Mounir

Government intends to borrow EGP 475.5bn from domestic market in Q1 2018/2019

Finance Ministry floated debt instruments worth EGP 1.614tn in FY 2017/2018

Hossam Mounir Hossam Mounir

IMF approves 4th $2bn tranche of Egypt’s loan

The Executive Board of the International Monetary Fund (IMF) approved today the…

Nevine Kamel Nevine Kamel

IFC, Financial Regulatory Authority begin consultations on green bond guidelines in Egypt

The IFC has been assisting the FRA in formulating draft guidelines for…

Daily News Egypt Daily News Egypt

What Saudi women driving means for the country’s economy

Lifting ban on women driving will increase number of women looking for…

Reem Hosam El-din Reem Hosam El-din