Economy

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

Latest Economy News

Government to settle $318m worth of external debt

The Ministry of Finance in co-operation with the Central Bank have managed…

Daily News Egypt Daily News Egypt

Previous fiscal year characterised by rising GDP deficit

The Egypt Economic Performance Report for July-May of the fiscal year 2011-2012…

Daily News Egypt Daily News Egypt

Hungary prepares for tough credit talks with IMF-EU

Budapest (AFP) - Hungary and the International Monetary Fund (IMF) will take…

Daily News Egypt Daily News Egypt

Loans to industrial sector on a rising trajectory

By Nasser Youssef The Central Bank reported an increase of EGP 1.6…

Daily News Egypt Daily News Egypt

Foreign reserves on the threshold of stabilisation

Nasser Youssef Mokhtar Youssef, member of the Board of Directors with the…

Daily News Egypt Daily News Egypt

Governmental efforts to aid struggling factories

By Mohamed Ayyad The government intensified efforts to address the crisis that…

Daily News Egypt Daily News Egypt

Morsy tasks EBDA’s president to chair the new council for business development

President Morsy has tasked the head of the Egyptian Business Development Association…

Daily News Egypt Daily News Egypt

Singapore PM urges India to push reforms

New Delhi (AFP) — Singapore’s prime minister on Wednesday urged India to…

Daily News Egypt Daily News Egypt

Mounting labour strikes threaten investments

officials and syndicate leaders have called upon workers to negotiate with their…

Daily News Egypt Daily News Egypt

Spain PM announces 65bn euro austerity package

Rajoy performed a U-turn by raising value added sales tax after having…

Daily News Egypt Daily News Egypt