Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva announced the fund's support for Egypt’s efforts to safeguard the achievements made by the economic reform program under the complete ...
The Central Agency for Public Mobilization and Statistics (CAPMAS) reported a 1.1% rise in Egypt’s annual headline inflation rate in May, hitting 14.1%, up from 13% a month earlier.
The International Monetary Fund (IMF) said on April 6 that Egypt's total public debt is expected to continue shrinking to nearly 74% of the gross domestic product (GDP) by 2022/23, on the back of the implementatio ...
Egypt's Finance Minister Mohamed Maait said that the state's revenues soared by 35.5% in Q1 of FY 2018/19, putting the government on track to achieve its targeted primary budget surplus of 2%
Standard & Poor’s (S&P) Global Ratings affirmed on November 9 the "B/B" long- and short-term foreign and local currency sovereign credit ratings on Egypt with a stable outlook, reflecting the potential of raising ...
The African Development Bank Group's (AfDB) President Akinwumi Adesin said the bank has invested up to USD 2.8 bn in 30 Egyptian-based projects since the country kicked off its economic reform program in 2016
Egyptian Minister of Investment and International Cooperation Sahar Nasr revealed on October 16 that an agreement was reached with the World Bank (WB) to provide the country with a new funding of USD 3 bn during t ...
Prime Minister Mostafa Madbouly has met with Merza Hasan, Executive Director And Dean Of The Board Of Executive Directors, to discuss recent updates on the development programs executed in cooperation between the ...
Sahar Nasr, Minister of Investment and International Cooperation, has affirmed that France is one of the largest investors in Egypt as there are more than 160 French companies operating in the country with a tota ...
Egypt's parliament has approved on Saturday, June 23, a financial leasing and factoring bill in a general session headed by Parliament Speaker Ali Abdel Aal, in the presence of Minister of Investment and Internati ...
