Economy

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

Latest Economy News

Board of trustees appointed for Egypt support fund

Naguib Sawiris and Ahmed Fouad Negm part of nine-member board to oversee…

Joel Gulhane

Government to implement privatisation-canceling verdicts

Procedures for implementing the verdicts will be decided by Legislative and Advisory…

Fady Ashraf

Minimum income announced at EGP 1200

Maximum wage remains unannounced as the minimum income decision receives mixed reactions

Rana Muhammad Taha

China oil giant buys into strife-hit Egypt for $3.1 bln

Chinese state-owned Sinopec will buy a one-third share in the Egyptian oil…

Daily News Egypt

Egypt-Turkey market link project stalled

Following Egypt’s political turmoil, the linking of the Egyptian and Turkish stock…

Daily News Egypt

EGP 19bn in remitances from those living abroad

By: Ibrahim al-Masry   Kamal Abu Eita, Minister of Manpower and Emigration…

Daily News Egypt

Violence weighs on value of pound on black market

Egyptian pound’s black market value falls on instability following dispersal of pro-Morsi…

Daily News Egypt

Brazil to spend $55bn to defend sagging real

The Brazilian currency, which has been at its lowest level against the…

Daily News Egypt

Qatar sends its third and fourth gas shipments to Egypt

Recent political developments in Egypt have negatively impacted bilateral ties with Qatar.

Daily News Egypt

Car ad campaigns spread along coasts, away from violence

Economic recession along with political turmoil forced a number of car companies…

Daily News Egypt