Economy

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

Latest Economy News

Futek set to open new EGP 20m solar panel factory

Hopes that construction of new factory will enable Futek to expand into…

Daily News Egypt

Hatem Saleh: Twenty-five Italian factories set to move operations to Egypt

Minister of Industry and Foreign Trade discusses with Italian ambassador potential for…

Daily News Egypt

SODIC books EGP 1.8bn in sales during 2012

CEO announces profits at Cityscape real estate exhibition, states that SODIC will…

Daily News Egypt

North Coast Sawani project: 35% of land now available for sale

Sayyid al-Ghandur, development director of the company Assets for Development, predicts investment…

Daily News Egypt

Hilton to open second Alexandria hotel

Brings number of Hilton hotels in Egypt to 19

Daily News Egypt

Morsi raises customs tariffs on luxury goods

40% rate applied on goods including sunglasses, watches, nuts, boats and videogames

Daily News Egypt

Central Bank sells $38.4m in forex auction

Cut-off price stabilises at EGP 6.79

Mohamed Salah

EGX 30 drops to lowest level in three months

NSGB tax deal pulls indices down

Mohamed Salah

10% tax on NSGB sale profits

‘Based on difference in buy and sell prices’, not all investors involved…

Daily News Egypt

Ministry of Sport: Five new PPP ‘sport city’ projects announced

"We want to forge partnerships with the private sector," says Minister of…

Mohamed Salah