Economy

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

Latest Economy News

Drug price hikes lead Alexandria Co. profits to up 117% in 5 months: investors relations manager

Magdy Fouad, investors relations manager at Alexandria Company for Pharmaceuticals and Chemical…

Noha Abd ElRahman Noha Abd ElRahman

2017 closes with world’s richest people $1tn richer

Jeff Bezos, Amazon CEO world’s richest person in 2017

Reem Hosam El-din Reem Hosam El-din

Egypt’s economy continues on an upward track: Oxford Business Review

Unemployment declined to 11.9% by the end of September 2017, its lowest…

Mohamed Samir Mohamed Samir

Outstanding balances of local treasury bonds, bills reach EGP 1.7tn by end of 2017

Treasury bills stabilised at EGP 1.023tn, bonds reached EGP 676.6bn until December:…

Hossam Mounir Hossam Mounir

Emirates Healthcare partners with Egypt’s Alameda Healthcare

Emirates Healthcare announced on Tuesday a partnership with Egypt's Alameda Healthcare.  …

Nehal Samir Nehal Samir

Egypt’s easing cycle to be larger than most expect: Capital Economics

Interest rate to be cut to 13.25% by end-2018 and 11.25% by…

Elsayed Solyman Elsayed Solyman

IFC plans to launch new credit line for banks to finance SMEs in Egypt

Corporation negotiating with major companies in Egypt to increase female labour, says…

Shaimaa Al-Aees Shaimaa Al-Aees

FRA approves securitisation bonds worth EGP 1.1bn

The Financial Regulatory Authority (FRA) approved the 7th issuance of securitisation bonds…

Nehal Samir Nehal Samir

Government intends to borrow EGP 415bn in Q1 2018 to bridge budget deficit

Government offers bids for T-bills, bonds worth EGP 152.75bn in January, EGP…

Hossam Mounir Hossam Mounir

Approximately €200m construction cost of  Alexandria West Wastewater Treatment Plant: EIB

EIB has long list of interesting projects under appraisal in transport, energy,…

Shaimaa Al-Aees Shaimaa Al-Aees