Latest Economy News
UK Prime Minister commits £3bn in climate finance for environment protection
UK - Egypt partnership at 2019 UN Climate Summit on adaptation, mitigation…
Egypt, ITFC sign finance cooperation programme worth $1.1bn
Programme to finance Egypt’s imports of basic commodities such as food and…
Egypt, EBRD, UNWTO sign COVID-19 Tourism Recovery Assistance Package
Package aims to promote tourism sector’s resilience, sustainability, and inclusive growth
Government capable of meeting market needs for coins: Finance Ministry
Over EGP 1m in coins are produced per day, EGP 30m delivered…
Egypt’s external debt rises to $125.3bn in September 2020
Long-term dues account for 90.2% of country’s total external debt
Egypt tourism sector receives 60% of dues from foreign tour operators: Al-Anani
Country has strong relationships with international travel and tourism companies, says Tourism…
Planning Ministry announces start of subscriptions to ‘Seyola’ cash fund
New cash fund part of NI Capital’s plan to enhance financial inclusion
UPDATE: Egypt’s urban inflation falls to 5.4% in December 2020
Headline inflation records 5.1% in 2020, down from 8.5% in 2019
Government determined to upgrade informal settlements in Al-Salam City: Madbouly
Prime Minister visits housing project in Al-Salam City, which will provide 4,800…
Private sector to play bigger role in development process: Finance Minister
World Bank expects 2.7% economic growth in Egypt with global trend to…