Economy

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

Latest Economy News

Customs exchange rate to remain at EGP16 in December: Ministry of Finance

The customs exchange rate for US dollars is set to remain at…

Mohamed Samir

Egyptians shift to poultry after unreasonable hike in meat, fish prices

Radical changes in the economic environment in Egypt that resulted from the…

Noha Abd ElRahman

Egyptian investment opportunities, challenges

Development, creating jobs are solution for terrorism, says Elsewedy

Mohamed Samir

A Fine Bargain

Retail conglomerate Majid Al Futtaim’s $1.3bn investment plan in Egypt was announced…

Forbes Middle East

Egypt, Turkey put aside differences to boost business relations

Plans to establish a new industrial zone in Egypt worth EGP 3bn

Elsayed Solyman

8.9% expected growth in investments in FY 18: FocusEconomics

The FocusEconomics Consensus Forecast expects total investments in Egypt to grow 8.9%…

Shaimaa Raafat

Amer’s decisions will have positive effect on long term

Investors see that the liberalisation of the exchange rate of the Egyptian…

Shaimaa Al-Aees

5.2% GDP growth in Q1 2017: minister of planning

Minister of Planning Hala Al-Saeed announced, at a Wednesday press conference, that…

Mohamed Samir

Egypt’s economic reforms program proceeding well: IMF mission chief

Continuing disinflationary trend has reduced risk of entrenched inflation pressures 

Nevine Kamel

15.7% expected inflation rate in 2018: FocusEconomics

The FocusEconomics Consensus Forecast expects inflation in Egypt to average 15.7% in…

Shaimaa Al-Aees