Economy

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

Latest Economy News

‘We did our homework’: Minister of Finance

The economic take-off program will be applied 'whether the IMF comes or…

Mohamed Salah Mohamed Salah

Kerry urges Egypt to finalise IMF loan agreement

US Secretary of State John Kerry met a number of opposition figures…

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Government mediates settlement over tourist complex in Hurghada

The dispute involved the Red Sea governorate and the Egyptian-Saudi Arabian Company…

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Value of all trades on stock exchange for Egypt’s ten largest brokerage firms totals EGP 7.1bn for February

Pioneers Holding, Beltone Financial and the Financial Brokerage Group published their stock…

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Government tries to persuade OCI not to delist from EGX

In the extraordinary general meeting (EGM) held mid-February, OCI shareholders approved the…

Mohamed Salah Mohamed Salah

International Women’s Day 2013 to focus on women in the workplace

The event will celebrate and emphasise the importance of hiring women to…

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Energy Ministry: 5500 megawatts to be allocated to private sector

The ministry is expected to charge ten eligible companies with the task…

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Insurance companies pay EGP 489.5m in claims in December 2012

A monthly report released by the Egyptian Financial Supervision Authority stated that…

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EFG Hermes, QInvest on verge of completing merger

The Qatari partner will hold a 60% stake in the new venture,…

Mohamed Salah Mohamed Salah

Government: Locusts pose no harm to crops

Following the news circulating that locusts swarming multiple areas of Egypt threatened…

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