Economy

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

Latest Economy News

26.3% of youth unemployed, 51.2% suffer poverty

Youth make up 52% of Egypt’s labour force, a CAPMAS report revealed

Sara Aggour Sara Aggour

Greek bailout causes EU, IMF rift

Athens' lenders are at loggerheads over whether or not to grant the…

Deutsche Welle Deutsche Welle

Al-Sisi meets with BG’s CEO

Egypt’s President Abdel Fattah Al-Sisi met with Helge Lund, the Chief Executive…

Sara Aggour Sara Aggour

Private security companies expect to flourish in Suez Canal region

Area will attract banks and institutions which require private security, says Falcon…

Hossam Mounir Hossam Mounir

Egypt seeks to boost economy through expansion of Suez Canal

The expansion of one of the world's most strategic waterways was inaugurated…

Deutsche Welle Deutsche Welle

Dcode EFC: Why is the Suez Canal important to the Egyptian economy?

Leading business research company Dcode Economic and Financial Consultancy has conducted a…

Daily News Egypt Daily News Egypt

International conference to promote Suez Canal Development Axis’ final plan: Salman

Suez Authority and canal's economic area will be merged by Prime Minister’s…

Mohamed Ayyad Mohamed Ayyad

Egyptian foreign reserves down more than $1.5bn, at $18.5bn

Government has to pay $250m in September as dues of bonds issued…

Doaa Farid Doaa Farid

US consumer spending slows in June

The amount of money consumers in the US spent in the month…

Deutsche Welle Deutsche Welle

81% of Emaar subscribers offer shares for sale with 18% allocation rate

Decline in stock prices behind large sell-off of share price support fund:…

Mohamed Ayyad Mohamed Ayyad