Egypt’s economy

Egypt’s GDP to grow 3.5% in 2020-2021 fiscal year if coronavirus ends: Planning Minister
Economy

Egypt’s GDP to grow 3.5% in 2020-2021 fiscal year if coronavirus ends: Planning Minister

Egypt’s GDP is anticipated to grow by 3.5 percent in fiscal year 2020-2021 if the coronavirus crisis ends, Minister of…
Egypt’s headline inflation rises to 5.9% in April, CAPMAS
Business

Egypt’s headline inflation rises to 5.9% in April, CAPMAS

Egypt’s annual urban consumer price inflation rate increased to 5.9 percent in April from 5.1 percent in March, the official…
Egypt’s GDP sees growth of 5.6 percent during first half of 2019/2020 fiscal year
Business

Egypt’s GDP sees growth of 5.6 percent during first half of 2019/2020 fiscal year

Egypt’s Minister of Planning and Economic Development Hala al-Saeed said Egypt’s Gross Domestic Product (GDP) had achieved growth of 5.6 percent…
Parliament committee agrees to increase Egypt’s share of IBRD capital stock
Business

Parliament committee agrees to increase Egypt’s share of IBRD capital stock

The Egyptian House of Representatives’ Economic Affairs Committee approved on Sunday a presidential decree for increasing Egypt’s authorized share of…
Egypt’s foreign reserves increase to $44.969 bn: CBE
Business

Egypt’s foreign reserves increase to $44.969 bn: CBE

Egypt’s foreign reserves have increased by US$53 million to $44.969 billion in August, compared to $44.916 billion in July, the…
Egypt sees lower budget deficit, higher primary surplus in FY 2019/20
Business

Egypt sees lower budget deficit, higher primary surplus in FY 2019/20

CAIRO, Sept 3 (Reuters) – Egypt is targeting a budget deficit of 7.2 percent this fiscal year, the finance minister…
Egypt aims to reduce government debt to 77.5% by June 2022
Business

Egypt aims to reduce government debt to 77.5% by June 2022

The Egyptian Finance Ministry announced on Friday that the government is targeting the budget for the fiscal year 2019/2020 with…
Finance Minister expresses pride in Egypt’s economic performance
Economy

Finance Minister expresses pride in Egypt’s economic performance

During a press conference on Wednesday at the Cabinet headquarters to announce the Cabinet’s economic performance, Minister of Finance Mohamed…
CAMPAS: Foreigners working at Egypt’s private sector rise by 9.7 percent
Economy

CAMPAS: Foreigners working at Egypt’s private sector rise by 9.7 percent

The Central Agency for Public Mobilization and Statistics (CAMPAS) released their annual statistics showing that the number of foreigners working…
Minister: Egypt consulting with IMF over future cooperation
Business

Minister: Egypt consulting with IMF over future cooperation

Egypt’s Finance Minister Mohamed Maait announced Friday that there are consultations between Egypt and the International Monetary Fund (IMF) regarding…
Back to top button