Economy

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

Latest Economy News

Egypt does not have time to remove bureaucratic obstacles: Salman

Salman added that his ministry will work easing investment procedures in front…

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JP Morgan expects further EGP devaluation, IMF loan deal

The US firm expects higher interest rates

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Visa to open office in Côte d’Ivoire to accelerate digital Payments

The office will facilitate engagement with key stakeholders in the region

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Sahl Hasheesh invests in build-out of value-added components

Room rates have pushed through pre-revolution levels but occupancy is still struggling,…

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Egypt’s US dollar certificates issuance positive for banks, insufficient to quell liquidity pressure: MOODY’S

The sale of US certificates for sale to Egyptian expatriates will increase…

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46.3% decrease of number of tourists in Egypt in January 2016: CAPMAS

A total of 363,500 tourists visited Egypt from around the world in…

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Qabil discusses development of cooperation with EU delegation

Minister of Industry and Foreign Trade Tarek Qabil met with the delegation…

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Egypt to take part in G20 summit in Shanghai

Egypt will actively participate in discussions and endeavours conducted in G20 summit

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AfDB announces $140m fund for Egypt’s Administrative Capital

President of the African Development Bank (AfDB) Akinwumi Adesina said the bank…

Mohamed Ayyad Mohamed Ayyad

EGP 2tn size of the Egyptian banking sector by the end of 2015: Fayed

The size of the Egyptian banking sector was EGP 2tn by the…

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