Egypt Blooming to be Breakout Nation: Morgan Stanley

American investment bank Morgan Stanley indicates that Egypt’s reform program, including EGP flotation and successive rounds of subsidy cuts, alongside public investment in infrastructure, energy, and various mega ...

Shuaa Repels Hikes in Property Prices Under Fuel Price Rises

Dubai-based financial services provider Shuaa Capital expects real estate developers to not raise property prices under the latest round of fuel price hikes, arguing that the increase may reduce demand and eventua ...

Gov’t Announces New Fuel Prices Under IMF Deal

Egypt’s petroleum ministry announced on July 5 raising fuel prices between 16% and 30%, marking the latest round of fuel subsidy cuts

Egypt Approves Largest-Ever State Budget

Egypt’s parliament approved on June 24 the FY 2019/20 budget starting in July, with spending set at EGP 1.6 trn, up EGP 150 bn from the current fiscal year, marking the biggest state budget in the country's histor ...

Annual Headline Inflation Dips to 13% in April: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) has reported that Egypt's annual headline inflation rate dipped to 13% in April from 14.2% in the prior month.

Moody’s Reveals Economic Forecasts for Egypt

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.

Fitch Solutions Sees Egypt’s Fiscal Deficit Shrinking to 6.4% of GDP by FY 2019/20

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 ...

Page 1 of 1


Welcome! Login in to your account

Remember me Lost your password?

Don't have account. Register

Lost Password