Economy

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

Latest Economy News

Egyptian economy can recover quickly from COVID-19 repercussions: Finance Minister

Standard Chartered Bank’s latest expectations consistent with pre-pandemic estimates putting Egypt among…

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Prime Minister asserts importance of Egypt’s Green Recovery projects

EBRD is willing to support Egypt’s Green Recovery strategy, says bank President…

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New toolkit helps countries implement effective transfer pricing documentation requirements

The Platform for Collaboration on Tax (PCT) has released the final version…

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2 arrested for attempting to bribe Tax Authority official: Finance Minister

Both referred to prosecution, which ordered their detention pending investigation

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COVID-19 increases disparities, social fragmentation: World Economic Forum

In next 3-5 years, disparities will threaten economy, and weaken geopolitical stability…

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Inflation in Egypt decreases to 5.7%, lowest in 14 years: Prime Minister

Government investments amounted to EGP 324bn over past two years, Madbouly told…

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Egypt top recipient of EBRD’s investments in SEMED region during 2020

Country accounted for more than €1bn of bank’s total €2.13bn development financing…

Nehal Samir Nehal Samir

Egypt records 5% average headline urban inflation in 2020: CBE

Real GDP growth records -1.7% in Q2 of 2020, before recovering to…

Hossam Mounir Hossam Mounir

Egypt provides EGP 21bn to support exporters during 2020: Finance Minister

1,069 companies benefit from lump-sum payment initiative to settle export subsidy dues…

Shaimaa Al-Aees Shaimaa Al-Aees

Egypt’s annual urban headline inflation declines to 5.4% in December 2020: CBE

Subsequent inflation target has been set at average of 7% (±2%) during…

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