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Egypt’s informal economy has grown as a result of dysfunctions in the formal economy, which lacks dynamism, flexibility, and resilience
It is still unclear how the UK will split from the European Union. But the Brexit vote is already a setback for advocates of free trade. This could affect millions of people in the world’s poorest countries, say experts.
The FocusEconomics consensus expects the UK economy to grow 0.3% in 2017
Joblessness in Europe’s biggest economy has never been lower in more than a quarter century, dropping below 6 percent for the first time since June 1991 as healthy economic growth causes companies to continue hiring.
Germany’s Vice Chancellor Sigmar Gabriel is embarking on a three-day trip to Greece, where he is expected to focus on intensifying bilateral trade and investment partnership amid the fallout from Brexit.
Indonesia has introduced a tax amnesty as the government hopes to lure back capital parked abroad by wealthy citizens. But the measure has faced criticism from people unwilling to let evaders off the hook.
The report reviewed the economic reform programmes that were launched prior to the 2011 revolution, as well as the policies adopted by the post-revolution governments
$35bn accumulated in direct and indirect losses from war in Syria and advance of IS in MENA region
As China looks to gear up towards a high-tech economy, it has set its sights on Germany’s well-placed firms. But the rapid rise in foreign investment, stemming in part from the Chinese government, has caused concern.
The cost of corruption in Egypt amounts to EGP 900bn, according to experts
On the occasion of Al-Sisi’s two-year anniversary as president, Daily News Egypt looks at the circumstances of different economic sectors two years after Al Sisi’s rule, what has been accomplished, and the obstacles that threaten the stability of his rule
Amazon chief executive Jeff Bezos has pledged an additional $3 billion (2.6 billion euros) in investments in India, banking on exponential growth in the online shopping sector in the Asia’s third largest economy.
Moody’s did not upgrade Egypt’s credit rating, but gave a positive outlook owing to stable short- and medium-term indicators
Nigeria’s oil-dependent economy is under siege from militants who are targeting oil and gas installations in the Niger Delta. President Muhammadu Buhari is to make his first visit to the region this week.
The company has brought more than $70m worth of direct foreign investments to the Egyptian economy
Can Greece deliver on its promises this time? Michel Friedman interviews Nikos Pappas, Greek Minister of State in Alexis Tsipras’ government.
Fresh figures have shown the US economy has added far fewer jobs than expected by analysts. While non-farm payrolls increased, the figure wasn’t impressive enough to suggest the Fed would raise interest rates in June.
Several cooperation agreements are expected to be signed during King Salman’s visit
Abdel Aziz to meet with Al-Sisi and people in business
Egyptian delegation to FIATA World Congress will promote canal projects, says Ahmed Mostafa
Despite a slowdown in the global economy, German exporters have been able to ship more goods abroad than ever before. A brief December dent was not enough to spoil the party over record-breaking full-year trade figures.
Chairman of the Egyptian Exchange (EGX) Mohamed Omran said the government’s and the Central Banks of Egypt’s (CBE) decision to increase capital of two banks through the stock exchange is considered one of the most important economic decisions made in Egypt during the recent years. The statement was part of Omran’s speech in the opening session of …
Policymakers around the world still face enormous challenges in stimulating investment after the economic crisis
The CBE governor met with the president to discuss the programme developed to achieve macroeconomic stability
Human Development Index ranks Egypt 108th in its 2015 report