A recent Goldman Sachs report reveals around half of the foreign investments that exited the Egyptian market amid the onset of the COVID-19 crisis has returned, with further inflows projected.
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 International Monetary Fund (IMF) said that Egypt is among the major emerging and frontier market economies witnessing key vulnerabilities and a number of shocks, including growth challenges and oil price decl ...
Egypt’s President Abdel-Fattah El-Sisi announced several measures to cushion the negative implications of the pandemic outbreak on the economy
The Egyptian government plans to spend EGP 5 bn on 13 new industrial zones in FY 2020/21, Invest-Gate reports.
The Egyptian Finance Ministry expected budget deficit to shrink to 6.3% of the country's gross domestic product (GDP) in FY 2020/21, compared to the 7.2% target in the current budget
Egypt’s annual headline inflation rate rose to 7.1% in December 2019, compared to 3.6% in November of the same year
Morocco's real estate sector, or the second-largest job provider sector in the North African country, is facing a slow down during the current year amid a notable economic downturn.
The Central Bank of Egypt (CBE) announced that its Monetary Policy Committee (MPC) decided to cut interest rates by 1%
Egypt has managed to achieve a real economic growth rate of 5.4% during the first half of the current FY, while targeting reaching 5.6% during the second half of the same year and 5.8% by the end of it.
