Latest in Tag: Egyptian economy Highlight
Latest in Tag: Egyptian economy
Egypt among fastest growing countries for digital inclusion in 2020: Cabinet
Egypt ranks 50th globally with 60 points, 8 points higher than its score in 2017
EGP 260m allocated to improve social protections: Egyptian Finance Minister
Egypt ranks first in indebtedness reduction index, says Mohamed Maait
Government affirms positive IMF reviews of Egypt’s economic progress
IMF praises Egyptian government’s provision of assistance to individuals, companies most affected by pandemic
Egypt’s GDP growth projected to climb to 5.4% in 2021: UN economic report
Egypt remains foremost African recipient of Foreign Direct Investment in 2020, says UNCTAD
Egypt’s economic reforms contribute in handling COVID-19 crisis flexibly: Al-Sisi
Al-Sisi expresses Egypt’s deep appreciation for OECD’s role in formulating economic policies that contribute to achieving international development
Egyptian economy can recover quickly from COVID-19 repercussions: Finance Minister
Standard Chartered Bank’s latest expectations consistent with pre-pandemic estimates putting Egypt among top 10 world economies in 2030, says Mohamed Maait
Inflation in Egypt decreases to 5.7%, lowest in 14 years: Prime Minister
Government investments amounted to EGP 324bn over past two years, Madbouly told parliament
Private sector to play bigger role in development process: Finance Minister
World Bank expects 2.7% economic growth in Egypt with global trend to provide vaccine against COVID-19
IMF forecasts Egypt’s economy to record 2.8% growth in FY 2020/21
Egypt’s economy was heavily effected by coronavirus pandemic, which took it’s toll on tourism, and worker remittances, yet it avoided contraction
Egyptian economy to grow 2.7% in fiscal year 2020/21: World Bank
Egyptian economy has been heavily disrupted by coronavirus pandemic. However, it avoided contraction thanks to previous government reforms, says World Bank
2020 Egypt economy contracts 1.1%, but 6.1% recovery projected in 2021: ESCWA
COVID-19 caused losses of about $140bn for Arab region in 2020, says UN commission
Portfolio investment flows to EMs to recover slowly in 2021: CBE
Egyptian economy contained reversal in portfolio investment flows thanks to its relatively stable foreign currency sources and large net foreign reserve
Egypt’s central bank leaves interest rates on hold
Central Bank of Egypt new inflation target has been set at 7% (±2%) on average in the fourth quarter of 2022
Egypt’s economic reform improves macroeconomic stability, restores confidence: WB
Egypt’s reforms have yet to trigger a marked and sustained increase in non-extractives private investment and exports, said the World Bank report
Structural reforms aim to diversify Egypt’s economy, increase flexibility: Minister of Planning
El-Said added Egyptian economy grew at 5.6% before pandemic reached about in the first half of FY2019/20 and about 5% during Q3 of FY2019/20
CAPMAS studies repercussions of COVID-19 on Egyptian economy
Egypt’s real annual GDP growth decreases 0.6% in Q3 of FY 2019/20 compared to Q3 of FY 2018/19
Egyptian economy has successfully withstood COVID-19 crisis: South Korean Ambassador
Egypt looks forward to maximising Korean investments in Egypt, says Mohamed MaaitÂ
International confidence in Egyptian economy induced by internal reforms: Hala El-Said
This came in a report of the Ministry of Planning and Economic Development on Egypt’s position in international reports.
Decline in global food prices favours Egyptian economy: National Planning Institute
Government will control short- and medium-term price increases
EBRD explores ways to protect Egyptian economy from COVID-19 fallout
Bank receives several inquiries on its solidarity package details, says country deputy head
COVID-19, lower oil prices to impact Egyptian economy, Middle East region: IMF
Ramakrishnan anticipates drop in tourism, transportation
Banking sector is one of the most important pillars of Egyptian economy: Attijariwafa Egypt
Attijariwafa Bank Egypt opened four new branches in Cairo and Giza
Pharos Holding optimistic about the Egyptian economy
Household consumption to grow by 1% in FY19/20 and to keep driving growth in upcoming years
Citibank optimistic about horizons of Egyptian economy
The bank is currently focusing on expanding its portfolio of local companies on a selective basis: Mohamed Abdel Kader
The Service sector of high value motivates the Egyptian economy
Since then, the form of international economy has been effective in development plans. In 2016, the list of the ten largest companies in the world included nine companies working in the field of technology, although the energy companies were at the top of the list in 2006
Flotation, economic reforms mark the start of a new beginning: PwC Middle East
New wave of economic reforms, liberalisation of EGP are huge leap towards luring foreign investors back to Egypt and strengthening economy, says PwC report
Egypt’s economy: outlook and challenges in the eyes of international financial institutionsÂ
After several years marked by turbulence and uncertainty, Egypt’s economy encountered numerous challenges, from political unrest and declining tourism, to foreign currency and fuel shortages, which led the government to adopt an economic reform programme to improve Egypt’s public finances. Between September and November 2016, authorities introduced the value-added tax law (VAT), a free-floating currency, …
Government has taken serious steps towards applying real economic reform to achieve sustainable growth: Kabil
Ministry plans to complete the establishment of the first three industrial parks
Competitiveness of Egyptian economy is being reassessed: ABA
The flotation of the Egyptian pound requires that companies re-evaluate their assets, says Marwan Al-Sammak
What are the challenges facing the Egyptian economy in the eyes of dealers?
Chief financial officers and heads of treasury sectors at banks (dealers) are facing the economic crisis more than anyone else. Thanks to the nature of their work, they realise what is happening in the global economies and the challenges facing them. In Egypt particularly, dealers play an important role in employing banks’ liquidity in local …