Economy

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

Latest Economy News

Egypt’s PMI declines in August

FocusEconomics forecasts 5.2% increase in total investments in FY 2016/2017

Mohamed Samir Mohamed Samir

Egypt hits one year of recession

New report finds that downturn in Egypt’s business activity is still linked…

Nicholas Mehling Nicholas Mehling

Russia lifts restrictions on import of Egyptian agricultural products

Annual Egyptian agricultural products exported to Russia amount to $350m, says Minister…

Shaimaa Al-Aees Shaimaa Al-Aees

Flotation of Egyptian pound wanted in the long-term: Trade and Industry Minister

Kabil’s comments came during the 2016 Euromoney conference being held in Cairo

Shaimaa Al-Aees Shaimaa Al-Aees

2016: an opening for Egypt’s economy to recover or an entryway into a dark tunnel?

International lending is threatened with the fate of Gulf aid, which failed…

Mohamed Ayyad Mohamed Ayyad

Crédit Agricole resumes use of prepaid, credit cards for online purchases

The bank noted that if a client uses different cards, the spending…

Daily News Egypt Daily News Egypt

VAT implemented starting Friday: Finance Ministry

A three-month transition period will be applied to allow companies to adapt…

Daily News Egypt Daily News Egypt

World Bank, AFDB mission to visit Egypt to discuss granting second tranche of fund

The mission will provide the second tranche of funding from the two…

Shaimaa Al-Aees Shaimaa Al-Aees

MENA regional outlook remains stable: Focus Economics

Fastest growth expected for Egypt, Israel with projected GDP expansion of 3.1%,…

Mohamed Samir Mohamed Samir

SMEs may be the key for a better Egyptian economy, but does the government care?

Small- and medium-sized enterprises (SME) may be the best solution for Egypt’s…

Hisham Salah Hisham Salah