Economy

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

Latest Economy News

Minister of Finance: Egypt’s government seeks to avoid austerity measures

Galal downplayed the importance of resuming talks with the International Monetary Fund…

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Finance minister directs Gulf aid to foreign reserves and state budget

Expert: Value of aid is “economically misleading” and unlikely to raise the…

Nada Badawi Nada Badawi

Car market grows 15% in first half of 2013

102,000 vehicles sold despite political turmoil

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Industry and foreign trade ministeryto focus on increasing exports

Mounir Fakhry Abdel Nour announced that he is reviewing a plan to…

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IMF: No contact yet with interim government

Spokesman says the decision to engage with the interim government depends on…

Sara Aggour Sara Aggour

Obama urges US politicians to help strengthen middle class

Washington has lost focus on strengthening the middle class, said the president.

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Investors still worried post-3 July

The company described the environment for investment in Egypt as “challenging”.

Sara Aggour Sara Aggour

Gulf aid bolsters Egyptian pound against the US dollar

Egypt receives aid packages from Saudia Arabia, UAE, and Kuwait

Nada Badawi Nada Badawi

Washington to support Egypt’s economy

Prime Minister states that the US stands ready to support Egypt economically

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Emirati group to invest in Egypt

Majid Al-Futtaim Holding meets investment minister to discuss project worth EGP 3.2bn

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