Economy

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

Latest Economy News

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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CBE Governor meets international financing institutions officials during IMF meetings

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

Hossam Mounir 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 Hossam Mounir

Minister of Industry and Trade in Sohag, Assiut on Saturday and Sunday

The minister will inaugurate several new investment projects, inspect several existing others,…

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IMF supports Egypt’s economic efforts

Egypt implements an economic reform programme that aims to provide more job…

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“Egypt” entrepreneurship company to be established with aim of helping small investors

The joint contribution will include the Ministry of Investment and International Cooperation,…

Mohamed Samir Mohamed Samir