Economy

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

Latest Economy News

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

Governments should focus on ‘high-risk travellers’ not ‘high-risk countries’: WTTC

Redefining risk towards individual travellers instead will be key for unlocking door…

Daily News Egypt Daily News Egypt

Al-Sisi reviews Egypt’s economic performance since July 2020

Expenditures supporting Egypt's economic growth hiked 23%, to record EGP 392bn, while…

Daily News Egypt Daily News Egypt

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 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 Hossam Mounir