Economy

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

Latest Economy News

EGP 1bn settlement between Mamish, Suez Industrial Development Company

Suez Canal Authority open to principle of friendly settlement, says Mamish

Mohamed Samir

Egypt inflation to fall to single digit by end-2018: Capital Economics

Drop in inflation driven by waning impact of devaluation of pound

Elsayed Solyman

MSME injects EGP 4.8bn into projects in 2017

MSME financed 224,000 small, micro projects worth EGP 4.5bn, along with labour-intensive…

Hossam Mounir

Egypt economy continues to gather strength heading into 2018: FocusEconomics

New investment, industrial licensing laws likely to boost investments

Elsayed Solyman

Egypt’s growth rate forecast at 4.5% in 2018: WB


Growth rate projected to reach 5.9% by 2019, says the report

Shaimaa Al-Aees

Egypt’s annual inflation falls to 22.3%, its lowest level since November 2016

Inflation to fall below 20% in January and to decrease to 10-12%…

Mohamed Samir

EGP 19m to help thousands of cases waiting for cancer detection and treatment at Baheya Hospital.

Juhayna has launched a new campaign to support Baheya Hospital for early…

Nehal Samir

Drug price hikes lead Alexandria Co. profits to up 117% in 5 months: investors relations manager

Magdy Fouad, investors relations manager at Alexandria Company for Pharmaceuticals and Chemical…

Noha Abd ElRahman

2017 closes with world’s richest people $1tn richer

Jeff Bezos, Amazon CEO world’s richest person in 2017

Reem Hosam El-din

Egypt’s economy continues on an upward track: Oxford Business Review

Unemployment declined to 11.9% by the end of September 2017, its lowest…

Mohamed Samir