Economy

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

Latest Economy News

Egypt, Saudi Arabia sign MoU for electricity linkage project

Grid would eventually link 14 Arab countries

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Shura Council seeks advice from previous ministers to address budget deficit

Former PM decries lack of ministerial cooperation, calls for stricter austerity measures

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Saudi says IMF growth forecast too low

The IMF said this month that it expected growth in the largest…

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Syria oil output dives to 5% of pre-war level: minister

Abbas said output was now running at about 20,000 barrels per day…

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Government conducts search and seizure campaign on unsafe bottled water

Consumer Protection Agency warns that 7 brands of bottled water did not…

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Cabinet approves licence for new vehicle tracking company

Egyptian Tracking Services and Information Technology established with upwards of EGP 100m…

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Hyde Park, New Urban Communities Authority forms strategic partnership

New venture pledges commitment to Deliver Units on Schedule According to Highest…

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Egypt’s rising private consumption lures Gulf investors

Investment groups pursue stakes in Egyptian supermarkets

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Nigeria, Egypt together received 64% of total remittances to Africa in 2012: African Development Bank

Political instability minimises Egypt’s chances of luring FDI

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Orascom Telecom’s shareholders turn down buyout bid

Telco’s valuation advisor judges bid as a vast undervaluation

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