growth rate
New budget sets 4% growth target
Business
May 14, 2012
New budget sets 4% growth target
The government aims to achieve a growth rate of between 4 and 4.5 percent during the 2012/2013 fiscal year, said…
Egypt’s economic growth rate drops to -4.2%
Business
June 12, 2011
Egypt’s economic growth rate drops to -4.2%
Planning and International Cooperation Minister Faiza Abul Naga said at a press conference on Sunday that the economic growth rate…
Egypt’s inflation rises to 11% amid food price hikes
Business
October 10, 2010
Egypt’s inflation rises to 11% amid food price hikes
Egypt's inflation notched up slightly to 11 percent in September, the government said Sunday, amid complaints about rising food prices.Urban…
Egypt targets US$10 billion in outsourcing exports
Business
September 29, 2010
Egypt targets US$10 billion in outsourcing exports
Egypt hopes to see a tenfold increase in exports from its growing outsourcing industry by 2020 and will boost its…
Egypt aims to cut poverty rate to 15% by 2015
Egypt
September 29, 2010
Egypt aims to cut poverty rate to 15% by 2015
Egypt's Economic Development Minister said on Wednesday the country's poverty rate could be reduced to 15 percent from 20 within…
Finance minister tells Euromoney conference Egyptian economy poised for growth
Business
September 29, 2010
Finance minister tells Euromoney conference Egyptian economy poised for growth
Egyptian Minister of Finance Youssef Botrous Ghali told the Euromoney conference yesterday Egypt’s local economy is expected to enjoy a…
Egypt pound reaches 3-1/2 year low against dollar
Business
August 25, 2010
Egypt pound reaches 3-1/2 year low against dollar
The Egyptian pound reached a 3-1/2 year low against the dollar on Wednesday as risk-averse investors switched into US treasuries…
Historic heat to hit Russian growth, fires rage
World
August 10, 2010
Historic heat to hit Russian growth, fires rage
Moscow--Russia's deadly summer heatwave could wipe up to US$14 billion off economic growth, economists said on Tuesday, as wildfires raged…
Egypt July inflation steady, monthly rate highest since 2008
Business
August 10, 2010
Egypt July inflation steady, monthly rate highest since 2008
Urban consumer inflation in Egypt was steady at 10.7 percent in the 12 months to July, the state-run CAPMAS statistics…