Economy

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

Latest Economy News

Mohamed Elnawawy: “Mutual reciprocity” is the theme of negotiations

Elnawawy stated: “Egypt’s mobile service providers borrow and use Telecom Egypt’s infrastructure…

Daily News Egypt

Banks close early ahead of ultimatum

The Central Bank of Egypt orders banks to close early before army’s…

Nada Badawi

Egypt’s benchmark index falls 0.32% after Morsi’s speech

Meanwhile, EGX 70 index, tracking small and medium sized companies increased to…

Hend El-Behary

Jumia Egypt “Arab Internet Pioneer” in Egypt for 2012

The awards were designed to recognize and reward companies who have demonstrated…

Nada Badawi

Credit default swaps hit alarming levels amid nationwide protests

Domestic public debt hit EGP 1.387tn (about $200bn) in April, foreign debt…

Nada Badawi

Three-year transition to inflict long-term damage to economy: experts

Regarding Egypt’s request for a $4.8b loan from the International Monetary Fund…

Hend El-Behary

Stock market rises unprecedentedly, celebrating military’s statement

The trade volume on Tuesday had its highest rise in the past…

Hend El-Behary

Tourism numbers in May up 14.6% from last year

Low accommodation provides draw for foreign visitors

Sara Aggour

Declining Egyptian pound threatens Saudi investments

Saudi-Egyptian business council tells Al-Eqtisadiah newspaper Saudi investments in Egypt will be…

Daily News Egypt

World Bank to fund electricity generation

Helwan South gas-fired power plant to help create jobs

Daily News Egypt