Egyptian economy
GDP growth for H1 2015-2016 4.5 pct from 5.5 pct last year
Business
May 28, 2016
GDP growth for H1 2015-2016 4.5 pct from 5.5 pct last year
Egypt's economy grew 4.5 percent in first half of 2015/2016 fiscal year, down from 5.5 percent growth in the previous…
Orascom Construction reverses full year loss with Q1 $23 mln net profit
Business
May 27, 2016
Orascom Construction reverses full year loss with Q1 $23 mln net profit
Orascom Construction posted a net profit of $23 million in the first quarter of 2016, up significantly from $5.8 million…
Politics vs. business in Europe’s policy towards Egypt
Egypt
April 29, 2016
Politics vs. business in Europe’s policy towards Egypt
Egyptian President Abdel Fattah al-Sisi's tenure has so far witnessed the signing of huge investment deals with European countries including…
We will keep basic goods prices stable despite dollar crisis: Sisi
Business
April 14, 2016
We will keep basic goods prices stable despite dollar crisis: Sisi
Egypt's President Abdel Fattah al-Sisi said on Wednesday he would make sure the price of basic goods does not increase,…
Egypt may gain after Saudi King visit; Gulf may firm
Business
April 10, 2016
Egypt may gain after Saudi King visit; Gulf may firm
Egypt's stock market may rise on Sunday after a visit by Saudi Arabia's King Salman unveiled multi-billion dollar investment plans,…
Govt. targets 8% development rate of local industry: minister
Business
April 9, 2016
Govt. targets 8% development rate of local industry: minister
The Trade and Industry Ministry is aiming to grow local industry by eight percent annually, thus binging its contribution to…
Egypt’s annual urban consumer price inflation falls to 10.7 pct in Jan
Business
February 10, 2016
Egypt’s annual urban consumer price inflation falls to 10.7 pct in Jan
Egypt's annual urban consumer inflation fell to 10.7 percent in January, the official statistics agency CAPMAS said on Wednesday, down…
Egyptian economy’s growth rate expected to decline in 2016 – World Bank
Business
January 8, 2016
Egyptian economy’s growth rate expected to decline in 2016 – World Bank
The World Bank lowered its expectation for the economic growth rate in Egypt for the fiscal year 2015/2016 by 0.7…
Sisi’s projects ‘unproductive’: activist
Egypt
November 15, 2015
Sisi’s projects ‘unproductive’: activist
President Abdel Fattah al-Sisi is adopting unfeasible projects against the backdrop of a deteriorating fiscal situation, a prominent activist has…
Socialists criticize economics, politics in Sisi’s first year
Egypt
June 11, 2015
Socialists criticize economics, politics in Sisi’s first year
Egypt’s Socialists have criticized what they describe as "economic and political failures", as President Abdel Fattah al-Sisi concludes his first…