Economy

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

Latest Economy News

Central Bank and Finance Ministry talk taxes

Joint committee by Finance Ministry and Central Bank discuss banks’ concerns over…

Daily News Egypt Daily News Egypt

NGOs oppose European bank’s plan to fund oil drilling in Egypt

The European Bank for Reconstruction and Development proposes a $40m loan for…

Joel Gulhane Joel Gulhane

Egypt’s evolving insurance market

Insurance Federation of Egypt: Local insurance companies suffer EGP 1bn in losses…

Daily News Egypt Daily News Egypt

Oil down on China worries, US stockpiles buildup

President Xi Jinping on Friday said China, the world's second largest economy…

Daily News Egypt Daily News Egypt

Kuwait grants Oman $2.5bn as development aid: report

Oman and Kuwait are members of the energy-rich GCC along with Bahrain,…

Daily News Egypt Daily News Egypt

EU welcomes pledge by Egypt for ‘open’ Internet

Kroes met on Monday with Communications Minister Atef Helmy during a visit…

Daily News Egypt Daily News Egypt

Survey: 67% of Egypt professionals feel they receive less salary than industry peers

A salary survey by Bayt.com and YouGov finds that 17% of employees…

Daily News Egypt Daily News Egypt

Egypt ranks low for competiveness

Country slides 13 places in global competiveness survey

Nada Badawi Nada Badawi

Operations shut down at the Port of Sokhna on poor worker performance

Singapore shipping line to reroute its East Asian freight to Djibouti ports

Daily News Egypt Daily News Egypt

Kerry urges Morsi to make progress on economic reforms

Reform measures hampered by unrest and lack of political support for plans

Nada Badawi Nada Badawi