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 ...
Minister of Tourism Rania Al-Mashat foresees that possibly 10 mn tourists will be visiting Egypt in 2018 in a feat that will see the industry contribute almost 15% to the country's GDP this year
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
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 ...
The Central Bank of Egypt (CBE) decided to keep the overnight deposit interest rates unchanged at 16.75% and to also maintain the overnight lending rate at 17.75% in a meeting on Thursday, May 17
Moody's Investors Service expects Egypt’s gross domestic product (GDP) growth to accelerate from 4.2% in 2017 to around 5% by 2019 and 5.5% by 2021, up from 4.2% in 2017
Egypt’s real gross domestic product (GDP) growth is expected to continue recovering
The long-awaited New Administrative Capital has come to light with President Abdel Fattah El Sisi inaugurating its first phase late October
Egypt’s economy is expected to grow 4.5% in FY2017-18 from 4.1% recorded in the previous year
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