Economy

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

Latest Economy News

Egypt’s SCZONE signs $8m food production deal for Sokhna industrial zone

Pitcairn Food Industries has signed a contract to establish an $8 million…

Daily News Egypt

Cairo and Beirut seek deeper economic integration through private sector and infrastructure projects

Cairo and Beirut seek deeper economic integration through private sector and infrastructure…

Daily News Egypt

Egypt, Canada sign development agreements worth EGP 552m for women’s empowerment, food security

Egypt has signed three grant agreements with Canada worth approximately EGP 552m…

Daily News Egypt

Egypt targets expansion in productive, export-oriented sectors: Finance Minister

Finance Minister Ahmed Kouchouk said the Egyptian economy offers a wide range…

Daily News Egypt

Egypt secured $9.5bn in budget support since 2023 amid ongoing reforms: Al-Mashat

Egypt has secured $9.5bn in concessional financing to support the state budget…

Daily News Egypt

MSMEDA signs EGP 300m financing agreement with Reefy

The Micro, Small and Medium Enterprise Development Agency (MSMEDA) has signed a…

Daily News Egypt

Kouchouk says Egypt plans ‘exceptional’ cut to debt levels, lowers medical VAT to 5%

Egypt is targeting an "exceptional" improvement in its budget debt indicators while…

Daily News Egypt

Public enterprises record $1bn in exports, 20% revenue growth in FY 2024/25: Minister

Mohamed El-Shimy, Minister of the Public Enterprises Sector, announced that exports by…

Daily News Egypt

Egypt moves to roll out ‘green label’ for plastic products to boost circular economy

Egypt has held the first meeting of a committee tasked with rolling…

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PM Madbouly urges investors to ‘double’ stakes as Egypt trade deficit hits 10-year low

Prime Minister Mostafa Madbouly urged business leaders to "double" their investments in…

Daily News Egypt