Egypt’s economy

IMF praises Egypt’s economic reform program, says all targets achieved
Business

IMF praises Egypt’s economic reform program, says all targets achieved

The International Monetary Fund (IMF) on Saturday praised Egypt’s remarkable macroeconomic improvement since the start of the economic reform program…
Egypt’s urban inflation jumps to 14.4 pct in Feb
Economy

Egypt’s urban inflation jumps to 14.4 pct in Feb

CAIRO, March 10 (Reuters) – Egypt’s annual urban consumer price inflation increased to 14.4 percent in February from 12.7 percent…
IMF’s Lagarde praises Egypt’s reforms against administrative corruption
Economy

IMF’s Lagarde praises Egypt’s reforms against administrative corruption

Christine Lagarde, managing director of the International Monetary Fund (IMF) praised Egypt’s intense efforts in fighting administrative corruption, during a…
OECD drops Egypt’s economic risk classification ranking
Economy

OECD drops Egypt’s economic risk classification ranking

  The Organization for Economic Co-operation and Development (OECD) officially announced that Egypt’s risk classification has dropped from six to…
Egypt’s govt plans to reduce indebtedness on medium term: Finance Minister
Economy

Egypt’s govt plans to reduce indebtedness on medium term: Finance Minister

  Egypt’s Finance Ministry, participating with the economic ministerial group and the Central Bank of Egypt, has prepared an integrated…
Egypt Sees More Pound Volatility After Repatriation Fund Ends
Economy

Egypt Sees More Pound Volatility After Repatriation Fund Ends

  Written by Mirette Magdy   Egypt’s stagnant exchange rate is likely to see more movement after a system that…
CBE Governor expects fifth installment of IMF loan by the end of January
Business

CBE Governor expects fifth installment of IMF loan by the end of January

  Governor of the Central Bank of Egypt (CBE) Tariq Amer said that Egypt expects to receive its fifth IMF…
Egypt’s economy to maintain growth at 5.2% in 2019 owing to domestic demand recovery: UN Report
Economy

Egypt’s economy to maintain growth at 5.2% in 2019 owing to domestic demand recovery: UN Report

  Over the past few years, Egypt has seen remarkable domestic demand particularly in private consumption, which estimates that the…
Egypt will follow Singapore and Malaysia’s industrial, agricultural boom: Minister
Business

Egypt will follow Singapore and Malaysia’s industrial, agricultural boom: Minister

  Egyptian Finance Minister Mohamed Maait said that Egypt’s biggest challenge for the coming period is to follow path of…
Economic reform program concludes in 2019: Egypt’s PM
Business

Economic reform program concludes in 2019: Egypt’s PM

  Egyptian Prime Minister Mostafa Madbouly announced on Sunday that 2019 is expected to be the final phase of the…
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