Economy

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

Latest Economy News

Egypt, Qatar participate in Gaza reconstruction project

Project to rebuild Gaza homes and infrastructure damaged by Israeli airstrikes uses…

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Downgrade expected to negatively impact pharmaceutical industry: Experts

Adverse affects on banks following Egypt's downgraded S&P rating extend to pharmaceuticals

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Expert: Downgrade timing casts doubt over IMF negotiations

New credit rating one level above Cyprus and below Greece and Pakistan

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Central Bank receives $3bn Qatari deposit for bonds

Bonds to mature in three years with 3.5% interest rate

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Egyptian National Railways seeks China cooperation to purchase 700 train cars for $570m

A source from within ENR stated that Zakaria received a surprise invitation…

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Egyptian Central Bank announces key interest rates will not change

Egypt’s Central Bank recently announced on its website that key interest rates…

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Investment Minister: Budget deficit 11.5% of GDP for the 2012-2013 fiscal year

The European Bank for Reconstruction and Development recently stated that: “Egypt’s budget…

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Gold tumbles 1.5% as dollar prices rise

Future trading in the COMEX division of the New York Mercantile Exchange…

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Egyptian government asks Turkey for help to revive economy

Discuss use of $1bn Turkish aid, two countries to develop an industrial…

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Oil prices fall sharply

Brent North Sea crude for delivery in June sank $1.42 to $103.05…

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