Economic growth
Egypt’s ambassador to France presents projects available for french companies
Egypt
June 29, 2021
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
January 31, 2021
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
October 22, 2020
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
October 20, 2020
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
October 19, 2020
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
April 6, 2020
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…
Egypt’s economy to become sixth strongest in the world by 2030
Economy
February 20, 2020
Egypt’s economy to become sixth strongest in the world by 2030
Economist Talal Abu Ghazaleh, Chairman of Talal Abu-Ghazaleh International Organization, said that Egypt’s economy is set to become the sixth…
Egypt’s Ministry of Finance says will launch ‘social dialogue’ on Draft State General Budget
Business
February 17, 2020
Egypt’s Ministry of Finance says will launch ‘social dialogue’ on Draft State General Budget
Egypt’s Finance Ministry said on Sunday that it would open up the new draft of the government’s 2020/2021 budget to…
Company profits in Egypt surge to pre-pound flotation rates: Bloomberg
Business
November 29, 2019
Company profits in Egypt surge to pre-pound flotation rates: Bloomberg
Profits recorded by Egyptian companies have returned to pre-November 2016 rates, when the Egyptian pound was floated, according to a…
Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll
Egypt
July 25, 2019
Egypt’s GDP growth seen slowing to 5.5% in current fiscal year: Reuters poll
CAIRO (Reuters) – Egypt’s economic growth is expected to slow to 5.5% in the fiscal year that began this month,…