Economy

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

Latest Economy News

Minimum income announced at EGP 1200

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

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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…

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Egypt-Turkey market link project stalled

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

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EGP 19bn in remitances from those living abroad

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

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Violence weighs on value of pound on black market

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

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Brazil to spend $55bn to defend sagging real

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

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Qatar sends its third and fourth gas shipments to Egypt

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

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Car ad campaigns spread along coasts, away from violence

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

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Qatar to send remaining liquefied gas shipments to Egypt

Chairman of the Egyptian Natural Gas Holding Company : EGAS received a…

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Confusion within government over western threats to cut aid

Anxiety and anticipation has overtaken the current government following threats made by…

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