Economy

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

Latest Economy News

Middle East funds most bullish about Egypt equities: Survey

The results of the survey of leading fund managers in the region,…

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Buoyed by Gulf aid, Egypt current account hits surplus

Reuters - Egypt's current account recorded a surplus in the first quarter of…

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Egypt index climbed, Gulf shares also rose

Egypt index gained 0.4 percent to 6,748 points.

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Egypt current account hits surplus in first quarter

Reuters - Egypt's current account recorded a surplus of $757 million between July…

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Egyptian pound down at Forex sale for second time in two days

Two market participants said the dollar was offered for 7.42 pounds in…

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Central Bank of Egypt cuts key interest rates

Reuters - Egypt's central bank cut its key interest rates by 50 basis points…

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Egyptian Pound strengthens slightly at Dollar sale

The central bank said it sold $38.8 million to banks at its…

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Ashton and Bahaa El-Din sign EUR 90m assistance package

EU foreign policy chief concerned over security forces dispersal of protests and…

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EBRD steps up lending to Arab states hit by unrest

The European Bank for Reconstruction and Development has expanded its mandate in…

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Egyptian Pound strengthens at Dollar sale

Reuters - Egypt's pound gained slightly at a central bank foreign- currency sale…

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