Economy

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

Latest Economy News

International creditors celebrate Egypt’s IMF loan: Moody’s

Egypt’s economic and financial strength, debt, and risk levels remain unchanged despite…

Nicholas Mehling Nicholas Mehling

JP Morgan, BNP Paribas , Citi bank and Natixis to offer Egyptian dollar bonds in international markets

The Ministry of finance has chosen yesterday 4 international investment banks to…

Daily News Egypt Daily News Egypt

EFIA supports IMF loan, says not enough

IMF loan needs to be facilitated, supported with economic reforms, such as…

Adel M. Fakhry Adel M. Fakhry

Oversupply of wheat comes at a time when Egypt needs it most

Reports show one of the highest yields in global wheat production driving…

Nicholas Mehling Nicholas Mehling

Would drop in reserves delay floating of EGP despite IMF report?

The timing of this move is in the hands of the CBE…

Hossam Mounir Hossam Mounir

Egypt’s steady adoption of IMF programme would provide upside risk: Merrill Lynch

Forward exchange rate is expected to register 11.20 in Q4 2016, says…

Shaimaa Al-Aees Shaimaa Al-Aees

Egypt, IMF to cut budget deficit to 5.5% during 3-year funding programme

Primary agreement between IMF and Egypt; IMF executive board to determine timing…

Mohamed Ayyad Mohamed Ayyad

IMF, Egypt reach agreement on 3-year $12bn extended fund facility

CBE’s aim to move to flexible exchange rate will strengthen competitiveness, says…

Shaimaa Al-Aees Shaimaa Al-Aees

IMF Reaches Staff-Level Agreement with Egypt on a Three-Year US$12 Billion Extended Fund Facility

  End-of-Mission press releases include statements of IMF staff teams that convey…

Daily News Egypt Daily News Egypt