Economy

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

Latest Economy News

Non-banking finance for MSMEs increases to EGP 64.421bn in May 2024: FRA

The total non-banking financial credit extended to medium, small, and micro-enterprises (MSMEs)…

Hossam Mounir

COMESA region annual inflation slows to 23.2% in June

Inflation in the Common Market for Eastern and Southern Africa (COMESA) eased…

Daily News Egypt

T-Vencubator launches investment programme aiming to fund 5 Egyptian startups by 2025

T-Vencubator, a prominent Egyptian venture capital (VC) firm and incubator, has launched…

Daily News Egypt

Egypt, UAE discuss petroleum cooperation

Minister of Petroleum and Mineral Resources Karim Badawi received Sheikh Mohammed Saeed…

Daily News Egypt

MSMEDA, Cash sign EGP 100m deal to finance 2,000 micro-enterprises

Basel Rahmi, CEO of the Micro, Small, and Medium Enterprise Development Agency…

Hossam Mounir

Ministers of Planning, Finance meet to streamline Egypt’s economic entities

Egypt’s Planning and Finance ministers met virtually on Wednesday to discuss ways…

Daily News Egypt

Egyptian Space Agency, Planning Ministry explore collaboration

Egypt's Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, met…

Daily News Egypt

IMF Chief says Egypt may need to slowdown projects to avoid macroeconomic instability

Egypt and the IMF and the International Monetary Fund have yet to…

Mohamed Samir

DNE Awards honours e-Finance Investment Group as Most Influential in Digital Transformation

The award was received by Yasmine Rashid, Group Head of Marketing and…

Daily News Egypt

IMF to reach Staff Level Agreement with Egypt very soon

Egypt's negotiations with the IMF over started in March. One of the stumbling…

Daily News Egypt