Egypt’s economy
IMF praises Egypt’s economic reform program, says all targets achieved
Business
April 6, 2019
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
March 11, 2019
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
February 11, 2019
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
February 4, 2019
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
February 4, 2019
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
January 23, 2019
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
January 23, 2019
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
January 22, 2019
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
January 19, 2019
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
January 13, 2019
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…