Egypt's annual headline inflation rate declined in November, logging the steepest fall in three and a half years that has reversed an upward trend and recorded 15.7% from 17.7% in October, according to state stati ...
Egypt’s Planning Minister Hala El-Saeed said that the country’s GDP jumped to 5.3% in Q1 2018, which began in July, compared to 5.2% in the prior-year period, amid the government's invested efforts to achieve comp ...
Egypt's economy grew by about 5.3% YoY during the first quarter of the FY 2018/19, with gas, telecommunication, and construction sectors, as well as revenues from the Suez Canal, mainly contributing to such growth ...
The International Monetary Fund (IMF) said on October 31 it had reached a staff-level agreement with Egypt to disburse another USD 2 bn in funds, bringing the total disbursements under the program to nearly USD 10 ...
Planning Minister Hala El-Saeed said on October 31 that the government is seeking to achieve a growth rate of 10% in the country's GDP by the end of FY 2029/30
Minister of Trade and Industry Amr Nassar has confirmed that French investments in Egypt are estimated at EUR 4.5 bn in 473 projects operating in various fields across the country
Moody’s Investors Service, a leading credit rating agency, has upgraded its outlook for Egypt’s banking system to positive from stable as economic growth revives, bolstering credit growth, banks’ profitability, an ...
Egypt’s annual urban consumer inflation rose to 15.97% in September from 14.24% in August, yet it dropped by 17% from 32.9% recorded in the same month last year
Planning Minister Hala El-Saeed said that Egypt targets a 25% growth in investment rates during its medium-term sustainable development plan over the next four years
The African Development Bank (ADB) has handed Egypt the third and final USD 500 million tranche of a USD 1.5 billion loan aimed at funding the government's economic and social programs
