Ashraf al-Araby

Planning minister says investment plan targets 4% growth rate next fiscal year
Business

Planning minister says investment plan targets 4% growth rate next fiscal year

  Planning Minister Ashraf al-Araby said the investment plan for the 2014-2015 fiscal year is still under consideration but revealed that it would…
Egypt’s economy grows only 1% in first quarter
Business

Egypt’s economy grows only 1% in first quarter

Planning and International Cooperation Minister Ashraf al-Araby said that Egypt’s economy did not grow much during the first quarter of…
Upper Egypt train movement resumed
Egypt

Upper Egypt train movement resumed

The first Cairo-Upper Egypt train in three days left on Wednesday heading to Assiut. Upper Egypt railway movements had been halted…
Planning Minister: current investors are ‘heroes’
Business

Planning Minister: current investors are ‘heroes’

Planning Minister Ashraf al-Araby said that the social justice file has not achieved any progress since the 25 January revolution,…
Planning Minister: Aid from Arab countries will spur economy
Egypt

Planning Minister: Aid from Arab countries will spur economy

Planning Minister Ashraf al-Araby said the aid Egypt has received from Arab countries will allow the transitional government to operate…
Egypt sees 3.8% growth in next fiscal year
Business

Egypt sees 3.8% growth in next fiscal year

Egypt said its economy would grow by 3.8 percent in the fiscal year starting in July as ministers outlined the…
Govt warns of high poverty, unemployment as budget released
Business

Govt warns of high poverty, unemployment as budget released

The government announced a LE820.1 billion budget for fiscal year 2013/2014 on Tuesday that will grow the state's deficit to…
Qatar pledges additional aid, gas deal for Egypt
Business

Qatar pledges additional aid, gas deal for Egypt

Qatar will provide Egypt with natural gas to fill the gap in its energy sector, particularly as summer approaches, Qatari…
Egypt may ask for larger IMF loan, minister says
Business

Egypt may ask for larger IMF loan, minister says

Egypt might ask the International Monetary Fund to increase a previously requested $4.8 billion (LE3.1 billion) loan to cover its…
Back to top button