New report on Egyptian economy paints bleak picture unless reforms made
The report reviewed the economic reform programmes that were launched prior to…
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…
Chinese companies aim for German ‘targets’
As China looks to gear up towards a high-tech economy, it has…
Economy, general budget are victims of corruption
The cost of corruption in Egypt amounts to EGP 900bn, according to…
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…
Amazon adds billions to Indian investment
Amazon chief executive Jeff Bezos has pledged an additional $3 billion (2.6…
Despite insecurity, the banking sector remains stable: Moody’s
Moody’s did not upgrade Egypt’s credit rating, but gave a positive outlook…
Niger Delta crisis escalates
Nigeria's oil-dependent economy is under siege from militants who are targeting oil…
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…
Greek minister: ‘We’re half-hearted’ on some austerity measures
Can Greece deliver on its promises this time? Michel Friedman interviews Nikos…