Economy

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

Latest Economy News

Egypt’s central bank leaves interest rates on hold

Central Bank of Egypt new inflation target has been set at 7%…

Daily News Egypt

President Al-Sisi directs for financial provisions to national development projects

Egypt's President Abdel Fattah Al-Sisi directed, on Thursday, for the provision of…

Daily News Egypt

Tax Authority forms team to support financiers in joining e-invoice system

Reda Abdel Kader, Chairperson of the Egyptian Tax Authority (ETA), has formed…

Daily News Egypt

Egypt benefits from debt swap programmes with Italy, Germany: Deputy Planning Minister

Debt swap is effective measure to reduce debt burden on countries and…

Daily News Egypt

Egypt’s Sovereign Fund aims to boost private sector investment in internal trade

The Internal Trade Development Agency (ITDA) and The Sovereign Fund of Egypt…

Shaimaa Al-Aees

EBRD grants $12m loan for new hotel serving Grand Egyptian Museum, Giza Pyramids

Project to generate over 300 jobs, promote women’s inclusion, funded by SEC

Nehal Samir

Egypt secured $477m in development financing for health during 2020

Egypt’s Ministry of International Cooperation secured $477m in development financing through 7…

Nehal Samir

Egyptian expats will be able to transfer remittances through post offices

National Bank of Egypt (NBE) and Egypt Post on Tuesday signed a…

Hossam Mounir

Egypt launches interactive website to track SDG-aligned development

On the sidelines of the release of the 2020 annual report titled,…

Nehal Samir

Egypt’s International Cooperation Ministry secures $9.8bn in development financing during 2020

Ministry of International Cooperation launches new interactive website to track Egypt’s Sustainable…

Nehal Samir