Economy

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

Latest Economy News

Costs of future government borrowing bogged down by uncertainty

Return rates on government debt tools have been steadily increasing since former…

Daily News Egypt

Following Morsi’s ouster, Qatar’s support to Egypt in question

Sherif Sami, a member of the General Authority of Investments, stated that…

Nada Badawi

Gulf aids bolsters value of local currency

The index of the US dollar internationally declined 1.5%.

Hend El-Behary

Kuwait delivers free fuel to Egypt: report

Two tankers, one carrying around 100,000 tonnes of diesel and the other…

Daily News Egypt

Analysts debate conversion of gulf lifelines to bonds

Meanwhile, former finance minister Momtaz El Saeed said that a conversion is…

Nada Badawi

Fitch Group’s new credit downgrade of Egypt does not take into account recent aid received from the Gulf

The analysts stated that the recent downgrade would not have a large…

Daily News Egypt

Conflicting Reports regarding Egypt’s wheat supply

Former members of Morsi’s government claim the country will need to import…

Sara Aggour

Oil extends losses on profit-taking

WTI hit a 15-month high of $107.45 in New York on Thursday…

Daily News Egypt

Centamin announces robust gold production in new mine

Centamin produced 93,624 oz of gold for the second quarter in 2013,…

Sara Aggour

Arab aid inbound

Aide to the Minister of Planning: Financial aid received from Arab countries…

Daily News Egypt