Economy

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

Latest Economy News

8,625 acres of agricultural land illegally reclaimed in Egypt

According to a report issued by the Ministry of Agriculture and Land…

Mohamed Samir

Sarwa Capital announces closing of EGP 1.15bn securitisation bonds

Sarwa Capital today announced that Sarwa Securitisation SAE has closed its latest…

Daily News Egypt

Gulf Capital closes 3 new growth capital transactions in Egypt, Africa, Turkey

Fund will allocate $22m for oil, gas infrastructure in Egypt 

Elsayed Solyman

Finance Ministry offers international bonds tender this month

Ministry consulting with international banks to determine timing, currency of offering

Ahmed Ismail

46th: Russia’s rank on list of countries investing in Egypt: GAFI

The General Authority for Investment (GAFI) revealed that Russia ranks 46th among…

Nehal Samir

GE Power, Egypt’s EETC to connect 120 MW of wind power to national grid

The project is scheduled to start working by the end of 2018

Elsayed Solyman

Swiss economic affairs secretary launches Swiss Cooperation Strategy in Egypt

Switzerland’s State Secretary of Economic Affairs Marie-Gabrielle Ineichen-Fleisch arrived in Egypt Tuesday…

Daily News Egypt

IMF to convene in December over 2nd part of $12bn Egypt loan

The International Monetary Fund's (IMF) board of directors is set to convene…

Ahmed Ismail

Egypt annual inflation rate falls to 26.7%

The annual inflation rate in Egypt fell in November to 26.7%, down…

Ahmed Ismail

Grundfos Egypt 2017 sales EGP 350m

Business volume in Sudan and Libya reached €6m, says Isaac

Omar Abdel Hamid