Economy

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

Latest Economy News

Education, health committees stick to increasing allocations for three ministries to 10%

Government may recall the budget from parliament for amendments, according to sources

Abdel Razek Al-Shuwekhi Abdel Razek Al-Shuwekhi

PBDAC is best placed to achieve financial inclusion as it reaches 50% of Egyptians: chairperson

He told Daily News Egypt that there are some six million farmers…

Daily News Egypt Daily News Egypt

The government’s intransigence is the reason for the failure to acquire CI Capital: Beltone’s legal adviser

The violations of the main shareholder will not hinder Beltone's acquisition of…

Mohamed Ahmed Mohamed Ahmed

PBDAC awaits  supervision by CBE to implement development plan: chairperson

The new law does not exclude the bank from Ministry of Agriculture…

Hossam Mounir Hossam Mounir

4.4% growth in GDP forecasted for FY 2016/17 in Egypt: World Bank

$35bn accumulated in direct and indirect losses from war in Syria and…

Mohamed Samir Mohamed Samir

Beltone calls on general assembly to issue GDRs on London Stock Exchange

Legal adviser for Beltone says acquisition of CI Capital failed due to…

Mohamed Ahmed Mohamed Ahmed

Analysts predict decline of EGX following failed Beltone-CI Capital acquisition deal

The EGX will likely decrease from 7,756 points to 7,600 points after…

Mohamed Ahmed Mohamed Ahmed

Egypt’s foreign debt grows by $5.6bn at end of Q3 FY 2015/2016: CBE

The new figure marks an increase of $5.6bn (11.8%), the CBE reported

Hossam Mounir Hossam Mounir

3.2% increase in monthly inflation in May: CAPMAS

Annual inflation rate rose to 12.9% in May compared to last year

Daily News Egypt Daily News Egypt

BP announces new discovery in Egypt’s East Mediterranean

The discovery is located 12 kilometres from the shoreline

Daily News Egypt Daily News Egypt