Economy

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

Latest Economy News

EGP 905 average household communication expenditure in 2015: CAPMAS

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

Daily News Egypt 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 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 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 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 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 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 Mohamed Samir

China to develop integrated area in New Administrative Capital by Q1 2018

Initial investments in textile industries in Suez Canal axis about $1bn, says…

Shaimaa Al-Aees Shaimaa Al-Aees

USD 18.85bn T-bills foreign investments in Egypt by end-October

Foreign investment in Egypt’s debt pile hit an all-time high by the…

Daily News Egypt Daily News Egypt

75% increase in Chinese direct investments in Egypt in H1 2017

China has raised its direct investments in Egypt by $106m, an increase…

Shaimaa Al-Aees Shaimaa Al-Aees