Economy

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

Latest Economy News

90% of Egypt’s economic reform programme completed: Finance Minister

Maeet expects inflation to rise only temporarary as the economy absorbs the…

Nehal Samir

Sahar Nasr, Hala Al-Saeed, Naguib Sawiris expected to attend AWI meetings about Egypt in Paris

Nasr will discuss Macron's planned visit arrangements with French officials next week

Hagar Omran

Currency devaluation, reform open new chapters for trade: HSBC

Pound floatation in 2017 contributed to bridging trade deficit, as exports improved

Hossam Mounir

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

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

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

Expenditure on education, vocational training will be tax-exempt

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

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

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

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