Economy

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

Latest Economy News

Business News: CIB ranked Egypt most efficient bank

Performance indicators also show Egyptian Gulf Bank achieved fastest growth

Daily News Egypt

Business News: Large banks ranked most efficient while small banks achieve fastest growth

CIB rated as most efficient, followed by NSGB, while HSBC places third…

Daily News Egypt

Fuel production rise to combat shortages

Minister of Petroleum plans to increase fuel production in attempt to meet…

Nada Badawi

IFC, EIB, and AFD Support Small Businesses and Mobilise Investment in MENA

IFC is establishing the MENA SME Facility in partnership with the World…

Daily News Egypt

Egypt’s cash-strapped rulers woo former regime tycoons

The reconciliation deals are rooted in a decision by the former military…

Daily News Egypt

Government seeks to tackle mounting electricity woes

Energy subsidies set to increase to EGP 23bn, home consumption represents 43%…

Daily News Egypt

Forex auctions carry on

Despite the optimism, the current political insecurity and the unsettled International Monetary…

Daily News Egypt

New Central Bank Regulation to hit local money markets

CBE tightens limits on tier 1 capital in money markets; Beltone to…

Daily News Egypt

Government hopes to acquire EGP 3bn in direct foreign investment

Settles dispute with United Arab Emirates real estate developer DAMAC and levies…

Daily News Egypt

Egypt reaps EGP 13.5bn in custom duties

A report reveals that from July 2012 to mid-May this year Egypt…

Daily News Egypt