inflation

Egypt’s annual urban consumer price inflation rate falls to 15.7 pct in November – CAPMAS
Egypt

Egypt’s annual urban consumer price inflation rate falls to 15.7 pct in November – CAPMAS

  CAIRO, Dec 10 (Reuters) – Egypt’s annual urban consumer price inflation rate decreased to 15.7 percent in November from…
Egypt new budget aims for 6.5% growth, 10.9% inflation: Finance Minister
Economy

Egypt new budget aims for 6.5% growth, 10.9% inflation: Finance Minister

  Egyptian Minister of Finance Mohamed Maait announced the country’s new 2019/2020 budget, in a statement sent to all governmental…
Egypt’s headline inflation surges to 17.7% in October
Business

Egypt’s headline inflation surges to 17.7% in October

  Egypt’s headline inflation continued to climb year-on-year in October, rising to 17.7 percent from 16 percent in September, official…
Moody’s changes Egypt’s banking system outlook to positive
Economy

Moody’s changes Egypt’s banking system outlook to positive

  Rating agency Moody’s announced Wednesday that it has upgraded its outlook for Egypt’s banking system to positive from stable.…
Egypt’s annual inflation rate declined 15.4 percent in September: CAPMAS
Business

Egypt’s annual inflation rate declined 15.4 percent in September: CAPMAS

  The Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Wednesday that the annual inflation rate declined to…
Turkey sees lower growth, double-digit inflation in next years
Middle East

Turkey sees lower growth, double-digit inflation in next years

  Turkey, which was last month buffeted by its worst currency crisis in recent years, on Thursday forecast sharply lower…
Egypt is now a ‘haven’ for debt investors: Bloomberg
Business

Egypt is now a ‘haven’ for debt investors: Bloomberg

Egypt has turned into a “haven” for debt investors in the region in the period since it floated its pound…
IMF director claims Egypt’s economy will improve ‘after 3 years’
Egypt

IMF director claims Egypt’s economy will improve ‘after 3 years’

Hazim al-Beblawi, Executive Director of the International Monetary Fund (IMF) and Egypt’s former Prime Minister, expects the economic situation in…
IMF urges Egypt to maintain tight monetary policy to ward off inflation
Business

IMF urges Egypt to maintain tight monetary policy to ward off inflation

  Egypt should maintain tight monetary policy to contain the risk of inflation as a result of fuel and electricity…
Egypt targets 5.9% growth rate for 2019, exceeding IMF, World Bank projections
Business

Egypt targets 5.9% growth rate for 2019, exceeding IMF, World Bank projections

Egypt’s Minister of Planning Hala al-Saeed said that the government aims to reach growth rate of 5.9% in 2019. Saeed…
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