Economy

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

Latest Economy News

Sugar price downward trajectory extends as production rises

Profitability of mills likely to fall in 2018 amid weak demand

Elsayed Solyman

Base effect may lead inflation rate to moderate in coming few months

Continued subsidy restructuring process could cause more headwinds pushing rate higher again…

Noha Abd ElRahman

BM Lease portfolio EGP 250m after 2 months of work 

We target EGP 1bn by the end of 2018 and increasing capital…

Daily News Egypt

EGP 905 average household communication expenditure in 2015: CAPMAS

The Central Agency for Public Mobilisation and Statistics (CAPMAS) stated that the…

Daily News Egypt

Dealing in Bitcoin is bubble, speculation on it unsafe

Bitcoin dealing needs to be studied to be applicable in Egypt, says…

Shaimaa Al-Aees

Overnight rate to reach 14.79% by end-2018: FocusEconomics

Egypt’s external debt will reach $ 89.9bn in 2018, constitutes 37.2% of…

Shaimaa Al-Aees

Nasr signs EGP17.6m cooperation protocol with Misr El Kheir to develop village in Sohag 

Project aims to finance integrated development in Sheikh Zein El-Din Village, says…

Nehal Samir

71% of Egyptians say family income insufficient for expenses, needs: Baseera

Nearly 71% of Egyptians described their family income as insufficient for their…

Mohamed Samir

Beltone Financial Holding sells 11.2% of shares to financial institutions, investors

Majority shareholders of Beltone Financial Holding SAE have sold 11.2% of the…

Shaimaa Al-Aees

IMF approves disbursement of $2bn third portion of loan to Egypt

The executive board of the International Monetary Fund (IMF) announced Wednesday its…

Mohamed Samir