Economy

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

Latest Economy News

91 approved projects with investments of EGP 1.857bn: Industry Minister

61 investors received approvals on expanding their industries within and outside industrial…

Shaimaa Al-Aees

SEBA demands the activation of Saudi MoUs signed in Economic Summit

13 Saudi companies signed protocols for the cultivation and reclamation of 300,000…

Shaimaa Al-Aees

Mehleb receives export councils’ memorandum to review CBE’s policies

CBE governor does not accept requests to meet with exporters or importers,…

Shaimaa Al-Aees

Egypt’s economy grew 3% in Q3 of FY 2014/2015: Dcode EFC

Real GDP growth reached 4.7% in first three quarters of FY 2014/2015,…

Rana Yehia

Suez Canal extension will take time to affect positive credit: Moody’s

Canal expansion is part of wider project to turn surrounding area into…

Doaa Farid

Development of internal trade companies’ branches to raise returns: Investment Minister

149 out of 326 internal-trade company branches were developed with EGP 200m,…

Shaimaa Al-Aees

Beltone obtains NASDAQ Dubai membership

Membership underlines expansion of capital markets cooperation between Egypt and the UAE,…

Doaa Farid

26.3% of youth unemployed, 51.2% suffer poverty

Youth make up 52% of Egypt’s labour force, a CAPMAS report revealed

Sara Aggour

Greek bailout causes EU, IMF rift

Athens' lenders are at loggerheads over whether or not to grant the…

Deutsche Welle

Al-Sisi meets with BG’s CEO

Egypt’s President Abdel Fattah Al-Sisi met with Helge Lund, the Chief Executive…

Sara Aggour