Economy

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

Latest Economy News

Banks to hold meetings on Sunday on the fate of interest rates following CBE decision

Banks will watch the decision’s impact’s yield on treasury bills and bonds…

Hossam Mounir Hossam Mounir

New report on Egyptian economy paints bleak picture unless reforms made

The report reviewed the economic reform programmes that were launched prior to…

Daily News Egypt Daily News Egypt

Abou Hashima looks to revamp Egyptian media by becoming its most dominant player

Following his recent purchase of ONTV, Abou Hashima is planning a number…

Shaimaa Al-Aees Shaimaa Al-Aees

Earthquakes, mudslides are among major threats facing Golden Triangle development

The area has recorded 44 earthquakes in 16 years and 29 mudslides, which threatens…

Doaa Fahmy Doaa Fahmy

Single authority formed for Golden Triangle to cut down on bureaucracy

The initial stage of the project focuses on agriculture and industry, says…

Doaa Fahmy Doaa Fahmy

Treasury bond balance increases by EGP 2.02bn at end of May: Finance Ministry

These bonds were put forward from 12 February 2008 until 26 April…

Hossam Mounir Hossam Mounir

The Golden Triangle: big hopes, bigger challenges

75% of Egypt's mining wealth is located in the heart of the…

Doaa Fahmy Doaa Fahmy

UNDP to implement new development project in Greater Cairo

The project aims to restore the value of important major historical and…

Mohamed Samir Mohamed Samir

Economic activities slow down in GCC countries in 2016: IMF

Drop in oil prices worldwide is an opportunity for Egypt to get…

Shaimaa Al-Aees Shaimaa Al-Aees