Tag: Economy

4.4% growth in GDP forecasted for FY 2016/17 in Egypt: World Bank

$35bn accumulated in direct and indirect losses from war in Syria and…

Mohamed Samir Mohamed Samir

Chinese companies aim for German ‘targets’

As China looks to gear up towards a high-tech economy, it has…

Deutsche Welle Deutsche Welle

Economy, general budget are victims of corruption

The cost of corruption in Egypt amounts to EGP 900bn, according to…

Doaa Fahmy Doaa Fahmy

Has Al-Sisi put Egypt’s economy on the right track?

On the occasion of Al-Sisi’s two-year anniversary as president, Daily News Egypt…

Daily News Egypt Daily News Egypt

Amazon adds billions to Indian investment

Amazon chief executive Jeff Bezos has pledged an additional $3 billion (2.6…

Deutsche Welle Deutsche Welle

Despite insecurity, the banking sector remains stable: Moody’s

Moody’s did not upgrade Egypt’s credit rating, but gave a positive outlook…

Nicholas Mehling Nicholas Mehling

Niger Delta crisis escalates

Nigeria's oil-dependent economy is under siege from militants who are targeting oil…

Deutsche Welle Deutsche Welle

Careem hires 2,000 new drivers monthly, demand for service increases by 60% per month

The company has brought more than $70m worth of direct foreign investments…

Mohamed Ayyad Mohamed Ayyad

Greek minister: ‘We’re half-hearted’ on some austerity measures

Can Greece deliver on its promises this time? Michel Friedman interviews Nikos…

Deutsche Welle Deutsche Welle

Weak US job figures add to market uncertainties

Fresh figures have shown the US economy has added far fewer jobs…

Deutsche Welle Deutsche Welle