inflation
Egypt targets 5.9% growth rate for 2019, exceeding IMF, World Bank projections
Business
April 19, 2018
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…
Egypt to receive $2 bn from IMF after 3rd review in May: minister
Economy
April 19, 2018
Egypt to receive $2 bn from IMF after 3rd review in May: minister
Egypt’s Finance Minister Amr al-Garhy said on Wednesday that the review of the International Monetary Fund’s (IMF) third installment to…
Egypt’s economic growth to reach 5.2% in 2018: IMF
Economy
April 18, 2018
Egypt’s economic growth to reach 5.2% in 2018: IMF
The International Monetary Fund (IMF) expects economic growth in Egypt to reach 5.2 percent in 2018 and 5.5 percent in 2019,…
Egypt’s annual urban inflation falls to 13.3% in March
Economy
April 10, 2018
Egypt’s annual urban inflation falls to 13.3% in March
The Central Agency for Public Mobilization and Statistics (CAPMAS) reported a decrease in the annual urban consumer price inflation by…
Underpaid Venezuelans skipping out on work to make ends meet
World
February 20, 2018
Underpaid Venezuelans skipping out on work to make ends meet
On many days, Ramon Medina has no choice but to skip work to make ends meet. Like around half of…
Egypt govt prepares for second phase of reform program to boost ailing economy
Economy
February 6, 2018
Egypt govt prepares for second phase of reform program to boost ailing economy
Egypt Prime Minister Sherif Ismail said on Monday that he met the Governor of the Central Bank of Egypt Tariq…
IMF expects no additional taxes in Egypt in 2018
Business
February 5, 2018
IMF expects no additional taxes in Egypt in 2018
IMF Director for the Middle East and Central Asia Department Jihad Azour predicts that no additional taxes will be implemented…
BBC International School reports indefinite closure after next semester, parents furious
Egypt
January 29, 2018
BBC International School reports indefinite closure after next semester, parents furious
BBC International School in Egypt has released a statement announcing that this school year will be their final one 32…
Egypt hikes 2017-18 economic growth forecast to 5.3-5.5 percent
Economy
January 14, 2018
Egypt hikes 2017-18 economic growth forecast to 5.3-5.5 percent
Egypt has revised up its economic growth forecast for fiscal 2017-18 that began in July to 5.3 to 5.5 percent…
Annual inflation rate declines by 0.2%, lowest since November 2015: CAPMAS
Egypt
January 11, 2018
Annual inflation rate declines by 0.2%, lowest since November 2015: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) stated on Wednesday that the annual inflation rate declined by 0.2…