gdp

32.5% increase in Egypt’s foreign debt: CBE
Egypt

32.5% increase in Egypt’s foreign debt: CBE

The Central Bank of Egypt (CBE) said that Egypt’s gross foreign debt surged by 32.5 percent ($18.1 billion) in the third…
Prime minister holds press conference on fuel prices hike
Egypt

Prime minister holds press conference on fuel prices hike

The government raised the prices of all types of gasoline, natural gas and automotive gas starting Thursday morning, Prime Minister…
Egypt’s economy growing at 3.9% in 2017, accelerating to 5.4% in 2019: World Bank
Business

Egypt’s economy growing at 3.9% in 2017, accelerating to 5.4% in 2019: World Bank

Egypt's economy is forecasted to grow 3.9 percent by the end of 2017 and will be largely driven by public…
Germany spends on migrants, boosting growth as budget surplus soars
Business

Germany spends on migrants, boosting growth as budget surplus soars

Germany posted a record budget surplus last year helped by rising tax revenues and employment and low debt costs, creating conditions for…
Egypt’s economy to grow 3.9 percent in 2016/17, missing government target: poll
Business

Egypt’s economy to grow 3.9 percent in 2016/17, missing government target: poll

Egypt's economy will expand by 3.9 percent in the fiscal year ending in June, missing the government's target of around…
Dollar rises to three-month high vs. yen before U.S. GDP data
Business

Dollar rises to three-month high vs. yen before U.S. GDP data

The dollar advanced to a three-month high against the yen on Friday, on track for monthly gains against most major…
GDP growth for H1 2015-2016 4.5 pct from 5.5 pct last year
Business

GDP growth for H1 2015-2016 4.5 pct from 5.5 pct last year

Egypt's economy grew 4.5 percent in first half of 2015/2016 fiscal year, down from 5.5 percent growth in the previous…
Financial leasing contribution to GDP less than 1%: minister
Egypt

Financial leasing contribution to GDP less than 1%: minister

Investment Minister Ashraf Salman announced that the contribution of financial leasing to the GDP is less than one percent, which…
Government predicts decline in Suez Canal’s GDP share
Business

Government predicts decline in Suez Canal’s GDP share

The Egyptian government has predicted the Suez Canal's GDP share to decline gradually over the next five years, reaching 1.6…
GDP grows 2.4% in first half of fiscal year
Business

GDP grows 2.4% in first half of fiscal year

Egypt’s economy grew 2.4 percent during the first half of the current fiscal year, according to a Cabinet statement Wednesday.…
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