Economy

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

Latest Economy News

Economy, general budget are victims of corruption

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

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…

Daily News Egypt

Public debt inflates by EGP 1tr to reach EGP 2.8tr during Al-Sisi’s presidency

Acute shortage of resources would push debt to record further increases in…

El Husseiny Hassan

Banking sector provides $33.7bn to cover needs of state, importers in 7 months: CBE’s Governor

Amer demonstrates with Al-Sisi the CBE’s efforts to support foreign exchange reserves…

Hossam Mounir

Tourism awaiting recovery after a two-year decline

Tourism revenue declined from $7.3bn in 2014 to $6.1bn in 2015 after…

Abdel Razek Al-Shuwekhi

Egypt’s trade deficit declined by 22% in February: CAPMAS

Egypt’s trade deficit declined by about 22% in February 2016 compared to…

Mohamed Ayyad

9.1% increase in average weekly wages for workers in 2015: CAPMAS

Average weekly wage for male employees in public sector is EGP 1,042…

Daily News Egypt

New wells tested by Eni in the Noras field: chief exploration officer

Data from west of Abo Madi revealed that there may be a…

Mohamed Adel

Egyptian imports decline by 27% in January and February

Egypt's recorded US$1.891bn in non-oil exports, an increase of 4%

Shaimaa Al-Aees

Saudi officials meet with Saudi, Egyptian businessmen

A Saudi-Egyptian forum to take place on Saturday

Sara Aggour