Egypt economy

The popularity of President Sisi!
Opinion

The popularity of President Sisi!

Is it true that the President is not concerned about his popularity? Or that the decisions he takes affect his…
Egypt says coordinating with World Bank to finance $200 mn program
Economy

Egypt says coordinating with World Bank to finance $200 mn program

Minister of Trade and Industry Tarek Qabil said that his ministry is currently coordinating with the World Bank to finance…
Moody’s expects 4% economic growth for Egypt in 2017
Business

Moody’s expects 4% economic growth for Egypt in 2017

Moody's Investor Service expects that Egypt's economy will grow by 4% in 2017, and the growth rate will increase 4.5%…
Sisi says Egypt’s military accounts for no more than 2 percent of economy
Egypt

Sisi says Egypt’s military accounts for no more than 2 percent of economy

Egyptian President Abdel Fattah al-Sisi said on Saturday that the military's economic activity accounted for no more than two percent…
Egypt economy likely to slow as inflation bites: Analysts
Business

Egypt economy likely to slow as inflation bites: Analysts

The Egyptian economy is tabled for slower growth as high inflation dogs consumers, analysts said."Inflation is above peers and is…
Egypt can’t rely on cash-strapped Saudi Arabia
Egypt

Egypt can’t rely on cash-strapped Saudi Arabia

Egypt's lack of cash is threatening its ability to mount an economic comeback from the turmoil created by the 2011…
Egypt economy grew 4.1 pct in fiscal 2014-15: minister
Egypt

Egypt economy grew 4.1 pct in fiscal 2014-15: minister

Egyptian Investment Minister Ashraf Salman said on Tuesday his country's economy grew by 4.1 percent in the financial year that…
Minister: IMF delegation here to prepare report on Egypt economy
Business

Minister: IMF delegation here to prepare report on Egypt economy

The Egyptian Finance Minister Hany Qadry said on Wednesday that an International Monetary Fund (IMF) delegation arrived here to prepare…
POLL-Egypt business activity flat in February -PMI
Business

POLL-Egypt business activity flat in February -PMI

Business activity in Egypt was unchanged in February after the previous month's deterioration, a survey showed on Tuesday, a sign…
Moody’s says Egypt’s banking system outlook remains negative
Business

Moody’s says Egypt’s banking system outlook remains negative

The outlook for Egypt's banking system is negative, unchanged since 2011, says Moody's Investors Service in a report published today. Moody's…
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