Economy
Nearly half the world lives on less than $5.50 a day: World Bank
October 17, 2018
Nearly half the world lives on less than $5.50 a day: World Bank
Despite progress in reducing extreme poverty, nearly half the world’s population lives on less than $5.50 a day, with a…
Egypt’s government considers solutions, adopting with economic crises
October 14, 2018
Egypt’s government considers solutions, adopting with economic crises
Egypt’s Deputy Minister of Planning for Planning Affairs Ahmed Kamali said on Saturday that the government would form a committee…
World Bank praises Egypt’s economic reform at Bali meeting
October 12, 2018
World Bank praises Egypt’s economic reform at Bali meeting
President of the World Bank Jim Kim presented on Friday the success stories of economic reform in four countries,…
Finance minister denies Egypt requested additional IMF loan
October 12, 2018
Finance minister denies Egypt requested additional IMF loan
Egypt has not requested an additional loan from the International Monetary Fund (IMF) or an extension of the current…
Moody’s changes Egypt’s banking system outlook to positive
October 11, 2018
Moody’s changes Egypt’s banking system outlook to positive
Rating agency Moody’s announced Wednesday that it has upgraded its outlook for Egypt’s banking system to positive from stable.…
Egypt central bank signs $3.8 bln finance accord with international banks
October 11, 2018
Egypt central bank signs $3.8 bln finance accord with international banks
DUBAI, Oct 11 (Reuters) – The Central Bank of Egypt said on Thursday it agreed to enter into a…
Egypt’s annual inflation rate declined 15.4 percent in September: CAPMAS
October 10, 2018
Egypt’s annual inflation rate declined 15.4 percent in September: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Wednesday that the annual inflation rate declined to…
IMF expects Egyptian economy to grow 5.3% in 2018
October 9, 2018
IMF expects Egyptian economy to grow 5.3% in 2018
The International Monetary Fund (IMF) expects Egypt’s economy to grow by 5.3 percent in 2018 and 5.5 percent in…
Egypt’s economy one of the strongest in the Middle East: IMF
September 24, 2018
Egypt’s economy one of the strongest in the Middle East: IMF
International Monetary Fund (IMF) Director Christine Lagarde announced that Egypt’s economy has become one of the highest growing economies…
Egypt has 2nd-highest total wealth in Africa: report
September 20, 2018
Egypt has 2nd-highest total wealth in Africa: report
In the Africa Wealth Report of 2018, Egypt is measured as having the second-highest gross wealth on the continent.…