Economy

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

Latest Economy News

Saudi SABIC profit slips in Q1, CEO says must expand aAbroad

A shortage of natural gas was limiting its domestic growth

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Egypt looking to revitalise economic relations with US: Industry minister

Government plans to adopt measures to attract foreign and domestic investments, says…

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Israeli gas holds promise of better ties with neighbours

Israel in talks with Egypt, Turkey on major gas export deals

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EU contributes €57m to improve Egypt’s water systems

Projects are expected to bring water to more than 1.5 million people…

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Egypt still in need of financial assistance: International Monetary Fund

Financial aid could come from Gulf countries, the IMF or other financial…

Doaa Farid Doaa Farid

Moody’s downgrades Turkey outlook to ‘negative’

Putting the country’s investment-grade rating at risk

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World finance chiefs fall short on growth plan

Voicing concern that the Ukraine crisis could hurt the world economy

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Wheat bought by Egypt’s GASC stuck in Russian port: Traders

Reuters - Two wheat cargoes purchased by top global wheat buyer Egypt…

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Egypt’s real estate prices expected to increase by 15% in 2014

High demand on property units is partly attributed to climb, says Executive…

Doaa Farid Doaa Farid

Annual Inflation rate hits 10.2% in March

Exchange rate depreciation, money expansion, supply shortages, recurrent wage increases are attributed…

Sara Aggour Sara Aggour