Egypt’s economy
Egypt sees lower budget deficit, higher primary surplus in FY 2019/20
Business
September 4, 2019
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
August 17, 2019
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
July 17, 2019
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
July 15, 2019
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
June 29, 2019
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…
Last loan!
Opinion
May 29, 2019
Last loan!
The fact that we won’t ask for a new loan from the International Monetary Fund (IMF), with the final tranche…
Egypt seeks 6% growth rate during upcoming fiscal year, Minister
Business
April 20, 2019
Egypt seeks 6% growth rate during upcoming fiscal year, Minister
Finance Minister Mohamed Maait said on Saturday that Egypt’s fiscal policy aims to raise economic growth rates to 6 percent…
Egypt’s Cabinet denies economic crisis caused by IMF conditions
Economy
April 16, 2019
Egypt’s Cabinet denies economic crisis caused by IMF conditions
The Egyptian Cabinet’s media center denied rumors on social media that Egypt is undergoing a severe economic crisis thanks to…
World Bank’s newest President looks forward to working with Sisi
Business
April 13, 2019
World Bank’s newest President looks forward to working with Sisi
The newest President of the World Bank Group, David Malpass, announced that he is looking forward to working with President…
Refugees in Egypt struggle to live as economic hardships deepen
Features/Interviews
April 12, 2019
Refugees in Egypt struggle to live as economic hardships deepen
CAIRO (Reuters) – Syrian refugee Ahmad al-Khatib and his 16-year-old son both work as tuk-tuk drivers in Cairo, but it…