Economy

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

Latest Economy News

IMF completes Egypt’s third review mission, agrees to disbursement of $2bn instalment

The International Monetary Fund (IMF) delegation has reached a staff-level agreement—subject to…

Mohamed Samir Mohamed Samir

Minister of finance agrees to drop EGP 2.1m income tax owed by 150 clients

Minister of Finance Amr El-Garhy approved the decisions of the Egyptian Tax…

Daily News Egypt Daily News Egypt

Falling inflation allows another interest cut: Beltone Financial

Despite rising interest rates in emerging markets, Egypt's strong outlook, exchange rate…

Hossam Mounir Hossam Mounir

S&P’s upgrade of credit rating confirms Egypt is on right path: El-Garhy

Minister of Finance Amr El-Garhy welcomed the Friday decision of Standard &…

Mohamed Samir Mohamed Samir

S&P raises Egypt’s soverign credit rating to ‘B’ from ‘B-”, lowers outlook to stable

S&P Global Ratings on Friday raised Egypt’s sovereign credit rating to B…

Mohamed Samir Mohamed Samir

Egypt’s inflation rates in numbers

Maximum inflation rate will reach 13% by end-2018, inflation will witness large…

Daily News Egypt Daily News Egypt

Ideally, CBE should not intervene to influence exchange rate: HC Brokerage chief economist

HC Brokerage agrees with the Central Bank of Egypt (CBE)’s governor, Tarek…

Hossam Mounir Hossam Mounir

Egypt achieving great development through strong, bold economic decisions: IMF

We will intervene in exchange rate market if prices become within unacceptable…

Shaimaa Al-Aees Shaimaa Al-Aees

What is required to achieve sustainable development in Egypt?

Egypt adopted in 2015 the Sustainable Development Strategy: Egypt Vision 2030, but…

Nehal Samir Nehal Samir