Economy

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

Latest Economy News

Economy to recover in 2018 with expected inflation hikes: Arqaam Capital

The Egyptian pound is expected to appreciate by 10% or more in…

Reem Hosam El-din Reem Hosam El-din

CBE raises interest rate 2%, defying all predictions

Monetary Policy Committee (MPC) decided to raise the overnight deposit rate, overnight…

Hossam Mounir Hossam Mounir

Nasr signs MoU with ICD to finance infrastructure projects

Nasr signed a $10m financing agreement with the IDB to combat bird…

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MTI achieves 38% increase in revenues in Q1 2017

MM Group for Industry and International Trade (MTI), a company for manufacturing,…

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Egypt to receive 3rd tranche of World Bank loan in December

It is crucial to replace intangible support with cash support, says Ghanem

Nevine Kamel Nevine Kamel

ALPLA Taba launches packaging factory with investment of EGP 500m

The new factory will be built on an area of 40,000 sqm…

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Afreximbank grants NBE $300m financing facility

The African Export-Import Bank (Afreximbank) has granted a $300m financing facility to…

Shaimaa Al-Aees Shaimaa Al-Aees

Approval for 655 projects in Q1 2017: Kabil

The approvals spanned nine industrial fields, with investments worth EGP 15.6bn

Hisham Salah Hisham Salah

1,741 companies established with total capital of EGP 3.6bn in March: GAFI

The General Authority for Investment (GAFI) announced that it has established 1,741…

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Nasr looks into increasing Chinese investments with Export-Import Bank

The minister also discussed with an investment committee member from the Pakistani…

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