Economy

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

Latest Economy News

MTI achieves 38% increase in revenues in Q1 2017

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

Daily News Egypt

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

ALPLA Taba launches packaging factory with investment of EGP 500m

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

Daily News Egypt

Afreximbank grants NBE $300m financing facility

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

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

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…

Daily News Egypt

Nasr looks into increasing Chinese investments with Export-Import Bank

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

Daily News Egypt

CBE Governor meets international financing institutions officials during IMF meetings

Tarek Amer, the Governor of the Central Bank of Egypt (CBE), had…

Hossam Mounir

Metropolitan Egypt, Suez Canal Bank to reschedule Home Care’s EGP 23m dues

We seek to find an investor to acquire a 49% stake in…

Hossam Mounir