Economy

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

Latest Economy News

Vernbro Global launches Downtown Delta project with total investment of EGP 6bn

Project is set to create 50,000 jobs, serve 42 million people

Elsayed Solyman Elsayed Solyman

World Bank to disburse 3rd part of loan this month

The Egyptian government will receive the third portion—worth $1bn—of the World Bank…

Ahmed Ismail Ahmed Ismail

Wheat reserves at all-time high: Minister of Supply Ali Moselhy

Reserves adequate for 4.3 months, until end of April

Elsayed Solyman Elsayed Solyman

Customs exchange rate to remain at EGP16 in December: Ministry of Finance

The customs exchange rate for US dollars is set to remain at…

Mohamed Samir Mohamed Samir

Egyptians shift to poultry after unreasonable hike in meat, fish prices

Radical changes in the economic environment in Egypt that resulted from the…

Noha Abd ElRahman Noha Abd ElRahman

Egyptian investment opportunities, challenges

Development, creating jobs are solution for terrorism, says Elsewedy

Mohamed Samir Mohamed Samir

A Fine Bargain

Retail conglomerate Majid Al Futtaim’s $1.3bn investment plan in Egypt was announced…

Forbes Middle East Forbes Middle East

Egypt, Turkey put aside differences to boost business relations

Plans to establish a new industrial zone in Egypt worth EGP 3bn

Elsayed Solyman Elsayed Solyman

8.9% expected growth in investments in FY 18: FocusEconomics

The FocusEconomics Consensus Forecast expects total investments in Egypt to grow 8.9%…

Shaimaa Raafat Shaimaa Raafat

Amer’s decisions will have positive effect on long term

Investors see that the liberalisation of the exchange rate of the Egyptian…

Shaimaa Al-Aees Shaimaa Al-Aees