Economy

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

Latest Economy News

Egypt’s Public Treasury bears EGP 7.1bn of vehicle replacement financing

Door open to all banks operating in Egyptian market to participate in…

Daily News Egypt

Central Bank of Egypt reveals market performance indicators in September 2020

Customer deposits break EGP 5trn mark for first time in local market

Hossam Mounir

Egypt, UN Coordinator discuss future cooperation framework

Low unemployment, poverty rates in Egypt tells story of ‘successful and continuous’…

Daily News Egypt

EU grants Egypt €756m between 2014-2020

EU Commission mobilised €265m during COVID-19 to support Egypt’s immediate health-related, socio-economic…

Shaimaa Al-Aees

Egypt’s annual urban inflation slows to 4.3% in January 2021: CAPMAS

The annual core inflation rate computed by the Central Bank of Egypt…

Daily News Egypt

EU to allocate €7bn to Euro-Mediterranean development in 2021-2027

Strengthened Mediterranean partnership remains strategic imperative for EU, says Josep Borrell

Shaimaa Al-Aees

Egypt offers international bonds worth $3.75bn in 3 tranches

Increasing demand for Egyptian international bonds represents coverage ratio of up to…

Hossam Mounir

EGP 104bn public investments injected in Upper Egypt projects over 3 years

Egypt’s inflation decreased to lowest level in 14 years of 5.7% in…

Daily News Egypt

Ongoing social protection programmes receive financing of $905m: Al-Mashat

In 2020, 10 projects secure development funds to cover social housing, water,…

Nehal Samir

Egyptian government continues support for far-reaching reform plans

Work underway to complete technological infrastructure and trading systems, whilst introducing new…

Alyaa Stohy