Economy

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

Latest Economy News

Al Qahera Wal Nas buys rights for Egyptian League for EGP 2.3m

Tharwat Suweilem, executive director of the EFA stated that Amr Afifi, the…

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Foreign currency reserves decrease slower than expected

Egypt's foreign currency reserves dropped a further $105m over the last month,…

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Almost one-third of Nile Delta to sink by 2030, say experts

Climate change and the rise in Mediterranean Sea levels due to global…

Hend El-Behary Hend El-Behary

The Egyptian government agrees to leasing agreement with Islamic Development Bank worth $250m

The deal will allow the government to lease equipment for a power…

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Al-Nour launches new economic initiative

The head of the economic committee at the party proposed a ‘social…

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Mobile carriers offer technical support to River Transport Authority

Vodafone, Mobinil and Etisalat have offered to use SIM card waves to…

Hend El-Behary Hend El-Behary

Sweden supports free trade agreement between Egypt, Jordan, Morocco, Tunisia

The official members' meeting on 4 March supported achieving the objectives of…

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OCI denies Sawiris brothers travel ban

The EGX30 plunged more than 126 points as news of the ban…

Mohamed Salah Mohamed Salah

CAPMAS: Unemployment reaches 3.5 million

The number of unemployed Egyptians reached 3.5 million, increasing by 4.8% from…

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Talaat Mustafa witnesses a 5.5% decrease in profits and a 9.1% decrease in revenues throughout 2012

The company achieved net profits of EGP 545.71m during 2012, while revenues…

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