Economy

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

Latest Economy News

Finance minister requests aid from Saudi Arabia

Egypt asks for $500m in aid from Saudi Arabia to support its…

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Egyptian foreign debt increases by $8bn

Internal debts hit an alarming EGP 1.4tn, equivalent to about $200bn.

Nada Badawi Nada Badawi

Egypt: International banks eyeing long-term growth

Egypt’s market is also attracting attention from Gulf banks

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Digitised database will exclude 1.5 million from receiving subsidies: Ouda

Minister of Supply and Internal Trade expects 1.5 million citizens to be…

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Morsi: No more wheat imports within four years

Morsi pointed that the primary goal is to stop importing wheat in…

Hend El-Behary Hend El-Behary

Dearth of consumer confidence in first quarter

Experts attributed lack of confidence to insecurity, expensive living and political uncertainty

Hend El-Behary Hend El-Behary

Cairo Chamber of Commerce rejects Governorate decision to provide places for 2,000 unlicensed street vendors

Businessmen in the city pledged their support for the Governorate’s plan on…

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Finance Ministry official resigns over dispute with Brotherhood

Adviser Sami Khallaf accuses Muslim Brotherhood of interfering in his work and…

Nada Badawi Nada Badawi

Health Minister lists 18 licensed bottled water companies

Ministry of Health: Don’t drink something you don’t know

Hend El-Behary Hend El-Behary

Supreme Constitutional Court: clauses in tax law are unconstitutional

SCC: Certain clauses in the law do not set out criteria to…

Nada Badawi Nada Badawi