Latest Economy News
Al-Sisi’s government engineers bold reforms, more structural adjustment required: IMF
Foreign investors applaud removal of subsidies, VAT, liberalised exchange rate, investment and…
Al-Sisi fails to control price increases
During most of his speeches, Al-Sisi stressed to Egyptians that there would…
Economy, general budget are victims of corruption
The cost of corruption in Egypt amounts to EGP 900bn, according to…
Has Al-Sisi put Egypt’s economy on the right track?
On the occasion of Al-Sisi’s two-year anniversary as president, Daily News Egypt…
Public debt inflates by EGP 1tr to reach EGP 2.8tr during Al-Sisi’s presidency
Acute shortage of resources would push debt to record further increases in…
Banking sector provides $33.7bn to cover needs of state, importers in 7 months: CBE’s Governor
Amer demonstrates with Al-Sisi the CBE’s efforts to support foreign exchange reserves…
Tourism awaiting recovery after a two-year decline
Tourism revenue declined from $7.3bn in 2014 to $6.1bn in 2015 after…
Egypt’s trade deficit declined by 22% in February: CAPMAS
Egypt’s trade deficit declined by about 22% in February 2016 compared to…
9.1% increase in average weekly wages for workers in 2015: CAPMAS
Average weekly wage for male employees in public sector is EGP 1,042…