Economy

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

Latest Economy News

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…

Hossam Mounir Hossam Mounir

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…

Hossam Mounir Hossam Mounir

Only 8 million of 54 million eligible citizens have bank accounts

Vice chairman of the Federation of Egyptian Banks and chairman of the…

Hossam Mounir Hossam Mounir

CBE fixes prices of basic yield

The Monetary Policy Committee of the Central Bank of Egypt (CBE) decided…

Hossam Mounir Hossam Mounir

Decision to propose capital increases for 2 banks on EGX is governamt’s most impotant in recent years

Chairman of the Egyptian Exchange (EGX) Mohamed Omran said the government's and…

Hossam Mounir Hossam Mounir

IMC approves industrial sector urgent problems resolving plan for the coming 6 months: Industry Minister

IMC succeeded in providing 1138 service for 553 companies during six months,…

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Cross- Border M&A Index Middle East for Q4 of 2015 Reaches 546.5 Deals

Cross-regional deals fueled by the Middle East totaled 105 deals valued at…

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