Economy

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

Latest Economy News

Finance Ministry offers international bonds tender this month

Ministry consulting with international banks to determine timing, currency of offering

Ahmed Ismail

46th: Russia’s rank on list of countries investing in Egypt: GAFI

The General Authority for Investment (GAFI) revealed that Russia ranks 46th among…

Nehal Samir

GE Power, Egypt’s EETC to connect 120 MW of wind power to national grid

The project is scheduled to start working by the end of 2018

Elsayed Solyman

Swiss economic affairs secretary launches Swiss Cooperation Strategy in Egypt

Switzerland’s State Secretary of Economic Affairs Marie-Gabrielle Ineichen-Fleisch arrived in Egypt Tuesday…

Daily News Egypt

IMF to convene in December over 2nd part of $12bn Egypt loan

The International Monetary Fund's (IMF) board of directors is set to convene…

Ahmed Ismail

Egypt annual inflation rate falls to 26.7%

The annual inflation rate in Egypt fell in November to 26.7%, down…

Ahmed Ismail

Grundfos Egypt 2017 sales EGP 350m

Business volume in Sudan and Libya reached €6m, says Isaac

Omar Abdel Hamid

Misr Financial Leasing does EGP 400m business in 6 months

Capital to increase to EGP 100m, says El Maghraby

Omar Abdel Hamid

Out of a $3bn total, Nasr signs 3rd tranche of World Bank loan worth $1.15bn

Sahar Nasr, minister of Investment and International Cooperation, signed the third tranche…

Daily News Egypt

Budget deficit records 2% in Q1 FY 2017/2018 

The total deficit of the Egyptian public budget during the first quarter…

Ahmed Ismail