Economy

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

Latest Economy News

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

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BP announces new discovery in Egypt’s East Mediterranean

The discovery is located 12 kilometres from the shoreline

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Beltone – CI Capital deal fails

The contract has not been renewed and the down payment was repaid…

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Al-Sisi’s government engineers bold reforms, more structural adjustment required: IMF

Foreign investors applaud removal of subsidies, VAT, liberalised exchange rate, investment and…

Nicholas Mehling Nicholas Mehling

Al-Sisi fails to control price increases

During most of his speeches, Al-Sisi stressed to Egyptians that there would…

Shaimaa Al-Aees Shaimaa Al-Aees

Economy, general budget are victims of corruption

The cost of corruption in Egypt amounts to EGP 900bn, according to…

Doaa Fahmy Doaa Fahmy

Has Al-Sisi put Egypt’s economy on the right track?

On the occasion of Al-Sisi’s two-year anniversary as president, Daily News Egypt…

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