Economy

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

Latest Economy News

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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EGP 6bn losses in tourism sector in Sharm El-Sheikh in 3 months: South Sinai Governor

Governor of South Sinai Major General Khaled Fouda said the tourism sector…

Hossam Mounir Hossam Mounir

$3.3tn of Arab banking sector assets by end of September 2015: Barakat

Only 8% of total financing in Arab banks goes to SMEs

Hossam Mounir Hossam Mounir

First portion of WB loan has not entered CBE yet: CBE Deputy Governor

Deputy Governor of the Central Bank of Egypt (CBE) Tarek Fayed asserted…

Hossam Mounir Hossam Mounir

Oil prices trend to continue in 2016:  Jadwa Investment

Company lowered its forecast for oil prices throughout 2016 to $43 per…

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GCC States approaching towards tax reforms: Deloitte

Saudi Arabia is committed to BEPS initiative and OECD action plan

Gehad El-Shaik Gehad El-Shaik