Economy

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

Latest Economy News

Supreme Administrative Court annuls Omar Effendi’s privatisation

The retail store will be restored to public ownership

Sara Aggour Sara Aggour

Qatari liquefied natural gas arrives

Port facilities are not yet capable of importing liquefied gas, but such…

Daily News Egypt Daily News Egypt

IMF waiting for the “right time” for loan negotiations

The global lender said all discussions are being held with the technical…

Nada Badawi Nada Badawi

IFC investments in MENA reach $3bn in fiscal year 2013

IFC combined those investments with a broad range of advisory services to…

Daily News Egypt Daily News Egypt

Orascom’s stock market pullout started Wednesday

Other companies that will be delisted from EGX30 are Raya, Egyptian for…

Sara Aggour Sara Aggour

Egypt’s budget deficit to decline in 2013/2014 fiscal year

The total revenue of the fiscal year 2013/2014 will reach EGP 505.5bn…

Daily News Egypt Daily News Egypt

Non-petroleum exports surge in Q2 of 2012/2013

Exports registered EGP 16.3bn in the same period last year.

Nada Badawi Nada Badawi

Abed Al-Lahi puts forth a reconciliation initiative with the Egyptian-Qatari Business Council

The initiative discusses all issues having to do with the council previously…

Daily News Egypt Daily News Egypt

Egypt’s Stock Exchange launches new website

The website was in a testing phase on Wednesday and was scheduled…

Nada Badawi Nada Badawi

Finance minister advocates benefits of smartcard system

The distribution, slated for July and August, will be carried out electronically…

Hend El-Behary Hend El-Behary