Egypt’s economy

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…
Sisi discusses developments of Egypt’s monetary reform program
Economy

Sisi discusses developments of Egypt’s monetary reform program

  Egyptian President Abdel Fattah al-Sisi on Sunday discussed the monetary reform program with Prime Minister Mostafa Madbouly and Governor…
Egypt’s economic performance improved in 2018: minister
Economy

Egypt’s economic performance improved in 2018: minister

  Minister of Finance Mohammed Maait announced on Sunday that Egypt’s economic performance improved in 2018, adding that the government…
Egypt’s governmental reforms bring economic stability: IFC chief
Economy

Egypt’s governmental reforms bring economic stability: IFC chief

  The International Finance Corporation’s (IFC) Chief Executive Officer Philippe Le Houérou announced on Saturday that government reforms introduced by…
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