Economy

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

Latest Economy News

Ministry of Petroleum admits fuel shortage

Ossama Kamal: The lack of fuel in Egypt has led to power…

Daily News Egypt

EFSA will no longer approve GDR acquisitions

New regulations from the Egyptian Financial Supervisory Authority will not apply to…

Mohamed Salah

Minister of investment ready to intervene in Orascom tax dispute

Ossama Saleh said he hopes Nassef Sawiris’ ‘patriotic spirit’ would hold him…

Daily News Egypt

New $15.3m Nile Basin Initiative water management project

NBI says the project will be funded by two trust funds administered…

Daily News Egypt

Egypt official explains reasons behind WEF tourism report

Ministry of Tourism official report outlines reasons behind Egypt’s fall in travel…

Daily News Egypt

Egypt signs five agreements with South Sudan

South Sudan can play an important role to help reinvigorate Nile basin…

Daily News Egypt

Balance of payments deficit drops 93% in 2012-13

The Central Bank of Egypt cited increased remittances from Egyptians working abroad…

Daily News Egypt

Central Bank launches new initiative to boost tourism sector

Amr Shetta, from Orascom Hotels and Development, said that ‘it is not…

Daily News Egypt

Drake and Scull seek entry into oil and gas sector

Company will pursue “promising opportunities” in Egypt’s domestic oil and gas markets…

Daily News Egypt

OCI case pulls EGX down

Another meeting between OCI and the Egyptian Tax Authority scheduled for Sunday

Mohamed Salah