Economy

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

Latest Economy News

Wheat imported to cover domestic needs

120,000 tons of Romanian and Ukrainian wheat purchased

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Gulf funds push foreign reserves to highest levels since November 2011

Egypt's net reserves reached $18.9bn in July, up $4bn from the month…

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MENA has the highest unemployment rate

MENA had the highest unemployment rate of all regions in 2012, at…

Sara Aggour Sara Aggour

Luxor tourism aid postponed

Financial donations to be distributed after Eid Al-Fitr

Sara Aggour Sara Aggour

Interim government aims to raise living standard

Bahaa El-Din said the new cabinet can’t perform major radical changes because…

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Customs evasion on the rise

915 cases of customs evasion and violation between January and June

Sara Aggour Sara Aggour

State employees’ wages increase by 10%

The cabinet will raise basic wages of state employees by 10% in…

Nada Badawi Nada Badawi

Foreign currency reserves surge to $18.9bn in July

The current foreign reserves, necessary to import staples, primarily wheat, registered $14.9bn…

Nada Badawi Nada Badawi

OCI deal pushes stock up

The EGX 30 index closed with a 1.5% surge at 5615.36 points…

Hend El-Behary Hend El-Behary

Egypt’s Richest Men in 2013

According to Forbes’s world’s richest billionaires, in which Carlos Slim Helú came…

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