The Central Bank of Egypt (CBE) made the second consecutive cut to key rates by 1% (100 bps), driven by the declining inflation rates, which hit a six-year low in August, alongside the falling unemployment and soa ...
Egyptian housing ministry and private sector pump total annual investments of nearly EGP 200 bn in the construction and real estate investment sector, which significantly contribute to the growth of the local econ ...
The Central Bank of Egypt (CBE) said on May 23 the volume of Egypt's foreign trade exchange recorded EGP 47.7 bn in the first half of FY 2018/19 versus EGP 42.85 bn in the year-ago period
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 ...
US-based credit rating agency Moody's has announced its forecasts for the Egyptian economy, following the government's approval of the budget for the fiscal year 2020.
International credit rating agency Moody’s Investors Service has maintained its positive outlook for Egypt’s banking sector, on the back of the country's improving operating conditions.
UK-based bank Standard Chartered has expected Egypt to rank the 7th among the world's top ten economies by 2030 at a total gross domestic product (GDP) value of USD 8.2 trln.
EFG Hermes Leasing, a subsidiary of Egypt's investment bank EFG Hermes, has signed a cooperation agreement with HSBC Bank Egypt to provide small- and medium-sized enterprises’ (SMEs) with EGP 400 mn in leasing and ...
Nile Property Expo will be held for the second consecutive year, under the slogan “Misr Betaarablek” - or Egypt is Getting Closer - at Abu Dhabi National Exhibitions Company (ADNEC) from January 24 to 26
Giant financial services provider Fitch Solutions said it anticipates Egypt's fiscal deficit to shrink from an estimated 9.4% of GDP in FY 2017/18 to 7.8% and 6.4% of GDP in FY 2018/19 and FY 2019/20, respectively ...
