Latest in Highlight

Advertising Area





Latest in


Ahmed M El-Wahsh

Prosperity amidst turmoil, Egypt sees some light

By Ahmed El-Wahsh With the inauguration of President Abdel Fattah Al-Sisi to the presidential palace, one of the key highlighted sectors that needed up turning and nutriment was Egypt’s economy. On 11 February, the International Monetary Fund (IMF) announced that it had started witnessing a “turnaround” to the Egyptian economy, eight months into Al-Sisi’s reign …

Daily News Egypt

Egypt has not requested financing, but we would consider request: IMF Mission Chief

By Abdelrahman Youssef Daily News Egypt sat down with the International Monetary Fund’s (IMF) Mission Chief in Egypt, Chris Jarvis, to discuss the Egyptian economy and IMF recommendations in that regard as well as how political stability influences economic growth. Will Egypt still need financial support in the future or are the IMF’s recommendations for economic reform …

Daily News Egypt

Investment bank sees higher GDP growth after ‘positive change’

Egyptian asset management, corporate finance and investment banking firm, Cairo Financial Holding (CHF), has raised its growth forecasts for Egypt’s GDP. The firm said that in the current fiscal year, GDP will be 3.7%, up from its 2.8% predictions in June 2014, as it noted increased foreign direct investment (FDI) and government measures towards bolstering …

Daily News Egypt