gdp

Egypt among most important countries helping in growth of African economy
Business

Egypt among most important countries helping in growth of African economy

Egypt is among the most important five African countries that help in the growth of the economy of Africa with…
Egypt aims to raise ratio of taxes to GDP without overburdening citizens: minister
Economy

Egypt aims to raise ratio of taxes to GDP without overburdening citizens: minister

Egypt aims to raise the ratio of taxes to the gross domestic product in accordance with international standards, Finance Minister…
Politician proposes selling state-owned sports clubs to pay off Egypt’s debts
Business

Politician proposes selling state-owned sports clubs to pay off Egypt’s debts

The representative of the Free Egyptians Party at the National Dialogue, Mohamed Khalil Badra, proposed selling state-owned assets such as…
After raising interest rate by 50 bps, what will be the impact of the US Fed Reserve’s decision on Egypt?
Business

After raising interest rate by 50 bps, what will be the impact of the US Fed Reserve’s decision on Egypt?

The Federal Reserve abandoned an unprecedented series of decisions to raise interest rates by 75 basis points. This happened over…
Egypt’s GDP rises by 6.6% in 2021/2022 Fiscal Year: Forbes
Business

Egypt’s GDP rises by 6.6% in 2021/2022 Fiscal Year: Forbes

Forbes Middle East has reported that Egypt’s gross domestic product has grown by 6.6 percent during the 2021/2022 fiscal year.…
Egypt reduces total deficit to 6.1% of GDP in FY 2021/22: ministry
Business

Egypt reduces total deficit to 6.1% of GDP in FY 2021/22: ministry

Egypt recorded in the fiscal year ending in June 2022 a growth rate of 6.6 percent, and a primary surplus…
National projects established by government doubles GDP: PM
Egypt

National projects established by government doubles GDP: PM

National projects established by the government doubles the GDP, Egyptian Prime Minister, Mostafa Madbouly, said in response to the continuous…
EIB to implement the third line of the Egyptian subway
Egypt

EIB to implement the third line of the Egyptian subway

Sherihan Bakheet, Deputy Minister of International Cooperation, said that there is cooperation with the European Investment Bank (EIB), worth 900…
State’s general budget deficit under control: minister
Business

State’s general budget deficit under control: minister

The state’s general budget deficit is under control, Mohamed Maait, Minister of Finance, confirmed. He also pointed out that some…
Egypt’s public debt to GDP ratio expected to decline to pre-pandemic levels: IMF
Business

Egypt’s public debt to GDP ratio expected to decline to pre-pandemic levels: IMF

The International Monetary Fund (IMF) expects that the ratio of public debt to GDP in Egypt will decline to the…
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