Latest Economy News
The Economist’s biased reports will not affect IMF deal: economists
Al-Sisi has gone “beret in hand” to the IMF for a $12bn…
Egypt seeks to boost foreign direct investment
The government’s drive to boost foreign capital flows has moved forward with…
Egypt’s external debt to climb to 21.8% of GDP in 2020: FocusEconomics
US dollar exchange rate expected to increase to EGP 10.19 by the…
Egypt begins economic recovery
Despite the number of layoffs increasing, Egypt’s private sector experiences its smallest…
International pressure builds on Egypt to liberalise exchange rate
A floating exchange rate is likely in Egypt’s future due to pressure…
Egypt’s private sector celebrates IMF conditionality while government sighs in relief
Egypt’s private sector has largely celebrated the news of the IMF loan,…
US dollar shortage threatens NCMP EGP 1.2bn expansion plan
The National Company for Maize Products (NCMP) is considering temporarily suspending its…
IMF loan best solution for Egypt at the moment: banking leaders
Egypt needs this particular loan in light of the suffering economy, says…
Financial stability is a key priority at the IMF, says Al-Mashat
Rania Al-Mashat talks to Daily News Egypt as she assumes new role…
Interest rates for deposits set at 11.75%, lending at 12.75%: Monetary Policy Committee
The committee’s decision comes in an effort to control the rising rate…
