Economy

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

Latest Economy News

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…

Daily News Egypt Daily News Egypt

Six Gulf companies to be listed on the bourse

The listing of these companies will improve the quality of the performance…

Daily News Egypt Daily News Egypt

Ministry of Finance to bolster farmers

The report revealed that public coffers allocated more than EGP 1bn to…

Hend El-Behary Hend El-Behary

Abdel Nour: Urgent measures to resolve economic woes, investment challenges

The minister said such steps would spur development and industrial production, improve…

Daily News Egypt Daily News Egypt

Syria’s Assad bans foreign currency transactions: SANA

"The Syrian lira is the only currency" allowed in business and commerce

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Finance minister promises no new taxes

Galal announced that no property taxes or income taxes would be modified…

Nada Badawi Nada Badawi