Economy

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

Latest Economy News

Bids to open next week for building 250 megawatt windfarm

Electricity and Energy Ministry ready to accept offers for constructing windfarm under…

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Aviation Ministry spokesman: Cairo Airport will not close over summer

Media reports circulate that Aviation Minister claimed Cairo airport will close runways…

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Futek set to open new EGP 20m solar panel factory

Hopes that construction of new factory will enable Futek to expand into…

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Hatem Saleh: Twenty-five Italian factories set to move operations to Egypt

Minister of Industry and Foreign Trade discusses with Italian ambassador potential for…

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SODIC books EGP 1.8bn in sales during 2012

CEO announces profits at Cityscape real estate exhibition, states that SODIC will…

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North Coast Sawani project: 35% of land now available for sale

Sayyid al-Ghandur, development director of the company Assets for Development, predicts investment…

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Hilton to open second Alexandria hotel

Brings number of Hilton hotels in Egypt to 19

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Morsi raises customs tariffs on luxury goods

40% rate applied on goods including sunglasses, watches, nuts, boats and videogames

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Central Bank sells $38.4m in forex auction

Cut-off price stabilises at EGP 6.79

Mohamed Salah Mohamed Salah

EGX 30 drops to lowest level in three months

NSGB tax deal pulls indices down

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