Economy

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

Latest Economy News

GlassRock investments reached $63m by end of 2017

Company produces 50,000 tonnes per year, supplies insulation materials for 20 building…

Mohamed Farag

Nasr negotiates with WB to expedite $500m social housing fund

Reports emerge that Egypt requests $2bn from WB

Mohamed Samir

High return on debt instruments maintains attractiveness of investment in Egyptian market: Beltone 

Decision to stabilise interest rate was expected, took into account expected inflationary…

Hossam Mounir

Government intends to borrow EGP 475.5bn from domestic market in Q1 2018/2019

Finance Ministry floated debt instruments worth EGP 1.614tn in FY 2017/2018

Hossam Mounir

IMF approves 4th $2bn tranche of Egypt’s loan

The Executive Board of the International Monetary Fund (IMF) approved today the…

Nevine Kamel

IFC, Financial Regulatory Authority begin consultations on green bond guidelines in Egypt

The IFC has been assisting the FRA in formulating draft guidelines for…

Daily News Egypt

What Saudi women driving means for the country’s economy

Lifting ban on women driving will increase number of women looking for…

Reem Hosam El-din

Egypt’s local public debt hits EGP 3.414tn end-2017: CBE

Egypt's local public debt rose to EGP 3.414tn at the end of…

Hossam Mounir

Parliament approves EGP 70.3bn additional allocations for current FY budget

The Egyptian Parliament approved on Sunday the draft law submitted by the…

Nehal Samir

1,784 new companies established in May with issued capital of EGP 4.3bn: Investment Ministry

The Ministry of Investment and International Cooperation said that the number of…

Shaimaa Al-Aees