Economy

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

Latest Economy News

Banks: We are most affected by downgrades

MERIS downgrades long- and short-term credit ratings of NBE, Banque Misr, and…

Daily News Egypt

Qandil: We seek to secure the IMF Loan as soon as possible

Denies country’s recent S&P credit downgrade will have negative effect on negotiations…

Daily News Egypt

Accounting error in budget

Grave mistake made with regards to Egypt’s public budget, Economic Committee demand…

Daily News Egypt

Egypt, Qatar participate in Gaza reconstruction project

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

Daily News Egypt

Downgrade expected to negatively impact pharmaceutical industry: Experts

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

Daily News Egypt

Expert: Downgrade timing casts doubt over IMF negotiations

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

Daily News Egypt

Central Bank receives $3bn Qatari deposit for bonds

Bonds to mature in three years with 3.5% interest rate

Daily News Egypt

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…

Daily News Egypt

Egyptian Central Bank announces key interest rates will not change

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

Daily News Egypt

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…

Daily News Egypt