Growth Domestic Product (GDP)
Egyptian economy’s growth rate falls to 4% during fiscal year 2020/21: Minister
Egypt
June 9, 2020
Egyptian economy’s growth rate falls to 4% during fiscal year 2020/21: Minister
The growth rate of the Egyptian economy decreased from six percent to four percent during fiscal year 2020/21, due to…
Egypt’s growth rate soars among emerging countries: Minister
Business
February 16, 2020
Egypt’s growth rate soars among emerging countries: Minister
Egypt has achieved one of the highest growth rates among emerging countries during the 2018/2017 fiscal year, at 5.6 percent…
IMF’s loan to increase Egypt’s foreign reserves, credit rating: CBE
Business
July 26, 2019
IMF’s loan to increase Egypt’s foreign reserves, credit rating: CBE
Central Bank of Egypt (CBE) board of directors member Fakhry al-Fekki said on Thursday that the International Monetary Fund (IMF)…
Report: World Bank hails Egypt’s economic reform program
Business
July 17, 2019
Report: World Bank hails Egypt’s economic reform program
The World Bank (WB) has released a report titled the “Egyptian Economic Observatory” (EEI), praising Egypt’s implementation of it’s important…
AI will contribute 7.7% of Egypt’s GDP in 2030: Minister
Technology
May 18, 2019
AI will contribute 7.7% of Egypt’s GDP in 2030: Minister
Minister of Higher Education and Scientific Research Khalid Abdel-Ghaffar on Friday reviewed the Egyptian national strategy for Artificial Intelligence (AI)…
Moody’s expects Egypt’s GDP to increase by 6 percent by 2021
Egypt
May 10, 2019
Moody’s expects Egypt’s GDP to increase by 6 percent by 2021
Moody’s investors service said that Egypt’s commitment to economic reforms in cooperation with the World Bank and improvements in the…
Egypt’s IDR upgraded to ‘B+’ by global credit rating agency
Business
March 22, 2019
Egypt’s IDR upgraded to ‘B+’ by global credit rating agency
Globally-recognized credit rating agency Fitch Ratings has upgraded Egypt’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B+’ from ‘B’, assuring…
Sisi discusses enhancing cooperation with Sudan: Spokesperson
Egypt
January 6, 2019
Sisi discusses enhancing cooperation with Sudan: Spokesperson
Egypt’s President Abdel Fattah al-Sisi met with Mohammed al-Hassan al-Merghani, the first assistant to the Sudanese President on Sunday…
Participants for Africa 2018 forum arrive in Sharm al-Sheikh
Business
December 5, 2018
Participants for Africa 2018 forum arrive in Sharm al-Sheikh
Sharm al-Sheikh International Airport on Wednesday received participants for Africa 2018 forum (December 8-9), titled “Bold Leadership and Collective…
Egypt’s economic credit rating best since 2011: Minister
Business
September 2, 2018
Egypt’s economic credit rating best since 2011: Minister
Minister of Planning, Monitoring and Administrative Reform Hala al-Said announced on Saturday that Moody’s credit outlook rating for the…