Economy

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

Latest Economy News

Local, foreign financial institutions offer to invest $887.7m in Egyptian T-Bills

Highest rate of interest on investment at 3.9%, lowest at 3.28%, averaging…

Hossam Mounir Hossam Mounir

Capital Economics expects Egypt to cut interest rates in September

Al-Tawfeek Leasing Company expects inflation rise due to expected price increases of…

Nehal Samir Nehal Samir

Egypt’s upcoming spending priorities are for education, health, culture

Expenditure on education, vocational training will be tax-exempt

Mohamed Farag Mohamed Farag

Egypt, Germany sign €1.6bn development deal

Germany-provided financial support for state budget records €225m at beginning of this…

Shaimaa Al-Aees Shaimaa Al-Aees

Egypt to launch its first sovereign wealth fund by end-2018: Al-Saeed

State to begin roadshow in H1 2019 to stimulate private investments, says…

Nehal Samir Nehal Samir

Egypt’s debt in both petroleum, electricity sectors amount to over EGP 900bn: El-Garhy

Egypt’s Finance Minister Amr El-Garhy, said that the debt in both the…

Nehal Samir Nehal Samir

Global growth set to slow over next two years: World Bank

Egypt expected to grow 5% this year, increase of 0.5 points from…

Nehal Samir Nehal Samir

Egyptian economy in good shape as FY 2018 ends: FocusEconomics

Egypt’s economy seems in good shape as annual economic growth accelerated in…

Mohamed Samir Mohamed Samir

Egypt PMI back to contraction in May: Emirates NBD

Egypt’s non-oil private sector activity continued to shrink in May to reach…

Mohamed Samir Mohamed Samir