Economic growth

Egypt’s public debt to GDP ratio expected to decline to pre-pandemic levels: IMF
Business

Egypt’s public debt to GDP ratio expected to decline to pre-pandemic levels: IMF

The International Monetary Fund (IMF) expects that the ratio of public debt to GDP in Egypt will decline to the…
Egypt achieves highest economic growth rate since beginning of the millennium
Business

Egypt achieves highest economic growth rate since beginning of the millennium

Finance Minister Mohamed Maait announced Friday that Egypt recorded the highest semi-annual growth rate since the beginning of the millennium…
Egypt’s GDP expected to grow 5.4% in 2022: Arab Monetary Fund
Business

Egypt’s GDP expected to grow 5.4% in 2022: Arab Monetary Fund

The Cabinet’s Information and Decision Support Center (IDSC) issued a statement on the 15th edition of the Arab Economic Outlook…
The future looks brighter for MENA region with creative outlook to economy
Opinion

The future looks brighter for MENA region with creative outlook to economy

Our Arab world is abuzz with many changes on all levels: political, economic, and social. We are currently living in…
Egypt’s ambassador to France presents projects available for french companies
Egypt

Egypt’s ambassador to France presents projects available for french companies

Egypt’s ambassador to France Alaa Youssef on Tuesday participated in the Franco-Arab Chamber of Commerce’s event in the presence of…
Egypt seeks to increase telecom sector’s GDP contribution to 8%, Minister
Economy

Egypt seeks to increase telecom sector’s GDP contribution to 8%, Minister

Egypt’s Minister of Communications and Information Technology Amr Talaat announced on Sunday that his ministry is looking to bring the…
In Dubai, oil-rich UAE sees a new wonder: A coal power plant
Middle East

In Dubai, oil-rich UAE sees a new wonder: A coal power plant

DUBAI, United Arab Emirates (AP) — A new wonder is rising in the southern desert of Dubai against the backdrop…
Egypt’s Mahmoud Mohieldin elected as IMF’s Executive Director
Business

Egypt’s Mahmoud Mohieldin elected as IMF’s Executive Director

The Egyptian candidate Mahmoud Mohieldin was elected unanimously on Monday to serve as the International Monetary Fund’s (IMF) executive director,…
IMF: Nearly all Mideast economies hit by pandemic recession
Middle East

IMF: Nearly all Mideast economies hit by pandemic recession

DUBAI, United Arab Emirates (AP) — The coronavirus pandemic has pushed nearly all Mideast nations into the throes of an…
Central Bank of Egypt expands base of beneficiaries for LE100 bn stimulus initiative
Business

Central Bank of Egypt expands base of beneficiaries for LE100 bn stimulus initiative

The Central Bank of Egypt (CBE) on Sunday decided to expand the base of beneficiaries for its LE100 billion stimulus…
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