Floatation decision may increase poverty rates in Egypt to unprecedented levels: ECESR

Inflation will not decrease to 20% by the end of this year, as it could increase up to 30% by the middle of next year, according to the report

Sarah El-Sheikh

OUSTA wins best technical project in the Arab world award for 2016

OUSTA, a company specialised in the transportation of individuals in passenger cars through a mobile application, has won the Salem Al-Ali Al-Sabah Informatics Award in its 16th edition, as the…

Mohamed Alaa El-Din

Pound flotation attracts foreign investors to EGX

Heads of financial institutions contend that these funds are high-risk

DNE
DNE

Egyptian pound to remain volatile for near future: JP Morgan

The sharp foreign exchange adjustment, fiscal reforms, and increase in energy prices will increase inflation toabove 30% by Q2 of 2017

Mohamed Samir

Uber to give drivers daily bonus to face fuel price increase

Uber modified its driver payment system after the increase of fuel prices a few days ago. The company introduced a daily bonus to ensure the increase of the drivers’ daily…

Mohamed Alaa El-Din

US dollar at customs repriced daily according to average bank rates on day before: ECA

The Central Bank of Egypt (CBE) sets the US dollar price for customs tariffs on a daily basis at 3pm, based on the average exchange rates at banks, according to…

Mohamed Ayyad

Trump v. Clinton on Middle East issues

https://youtu.be/jlHmNeVAWuE

Daily News Egypt

Clinton v Trump: how will the Middle East be affected under a new administration?

As Americans head to the poll on Tuesday to choose their next president, how will either affect the Middle East? Daily News Egypt takes a look at each candidate’s statements…

Toqa Ezzidin