Egypt’s economy
Egypt’s trade to BRICS countries soars over 30% post-admission
Economy
June 12, 2025
Egypt’s trade to BRICS countries soars over 30% post-admission
A new report from Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) reveals a significant increase in Egypt’s trade…
Egypt’s inflation surges at fastest pace this year in May
Business
June 4, 2025
Egypt’s inflation surges at fastest pace this year in May
Egypt’s urban inflation rate saw its fastest acceleration of the year in May, reaching 16.8 percent year-on-year, up from 13.9…
Egypt expects $1.2 billion IMF loan payment next week
Economy
March 1, 2025
Egypt expects $1.2 billion IMF loan payment next week
The Executive Board of the International Monetary Fund (IMF) included Egypt on the agenda of its meeting scheduled for March…
Egypt’s economy more capable of green recovery: Finance minister
World
October 13, 2022
Egypt’s economy more capable of green recovery: Finance minister
Egypt’s economy has become more capable of green recovery despite the daunting global challenges, affirmed Finance Minister Mohamed Maait. …
Egypt’s GDP to grow 3.5% in 2020-2021 fiscal year if coronavirus ends: Planning Minister
Economy
May 20, 2020
Egypt’s GDP to grow 3.5% in 2020-2021 fiscal year if coronavirus ends: Planning Minister
Egypt’s GDP is anticipated to grow by 3.5 percent in fiscal year 2020-2021 if the coronavirus crisis ends, Minister of…
Egypt’s headline inflation rises to 5.9% in April, CAPMAS
Business
May 11, 2020
Egypt’s headline inflation rises to 5.9% in April, CAPMAS
Egypt’s annual urban consumer price inflation rate increased to 5.9 percent in April from 5.1 percent in March, the official…
Egypt’s GDP sees growth of 5.6 percent during first half of 2019/2020 fiscal year
Business
February 19, 2020
Egypt’s GDP sees growth of 5.6 percent during first half of 2019/2020 fiscal year
Egypt’s Minister of Planning and Economic Development Hala al-Saeed said Egypt’s Gross Domestic Product (GDP) had achieved growth of 5.6 percent…
Parliament committee agrees to increase Egypt’s share of IBRD capital stock
Business
January 27, 2020
Parliament committee agrees to increase Egypt’s share of IBRD capital stock
The Egyptian House of Representatives’ Economic Affairs Committee approved on Sunday a presidential decree for increasing Egypt’s authorized share of…
Egypt’s foreign reserves increase to $44.969 bn: CBE
Business
September 4, 2019
Egypt’s foreign reserves increase to $44.969 bn: CBE
Egypt’s foreign reserves have increased by US$53 million to $44.969 billion in August, compared to $44.916 billion in July, the…
Egypt sees lower budget deficit, higher primary surplus in FY 2019/20
Business
September 4, 2019
Egypt sees lower budget deficit, higher primary surplus in FY 2019/20
CAIRO, Sept 3 (Reuters) – Egypt is targeting a budget deficit of 7.2 percent this fiscal year, the finance minister…