Economy

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

Latest Economy News

IMF expects global economic growth in 2021 to fall slightly below its July forecast of 6%

Vaccinate, calibrate, and accelerate are answer to overcome obstacles to recovery: Kristalina…

Nehal Samir Nehal Samir

Damen, Alexandria Water Company partner to provide e-payment services

In support of the government's approach to generalizing " mechanization and digitization…

Daily News Egypt Daily News Egypt

Global economic stability continues with varying rates of recovery amid COVID-19: CBE

Egypt’s CDS spreads remain relatively low compared to most peers with similar…

Hossam Mounir Hossam Mounir

Public investment reaches EGP 1.25trn in Egypt’s 2021/22 budget: Planning Minister

Strict commitment to implementing mandates, initiatives of political leadership, says Hala El-Said

Daily News Egypt Daily News Egypt

Egypt’s foreign debt rises to $125.3bn in September 2020: CBE

Net foreign assets increase by EGP 125.9bn within four months

Hossam Mounir Hossam Mounir

Egypt among fastest growing countries for digital inclusion in 2020: Cabinet

Egypt ranks 50th globally with 60 points, 8 points higher than its…

Daily News Egypt Daily News Egypt

Egypt needs $1trn to keep pace with population growth: Al-Sisi

Government accepts opposition's scientific criticisms, aims to solve negative aspects, says Egyptian…

Bassant Mohammed Bassant Mohammed

CBE amends provisions of tourism initiative guaranteed by Finance Ministry

New amendment stipulates that initiative would end after exhausting amount allocated or…

Hossam Mounir Hossam Mounir

Egypt sees slight decrease in unemployment to 7.2% in Q4 2020: CAPMAS

Workforce increased to 29.965 million in Q4 of 2020 from 28.171m in…

Hossam Mounir Hossam Mounir

CBE reveals commodity prices’ movements in January 2021

Vegetable prices fell by 23.6% for second consecutive month

Hossam Mounir Hossam Mounir