Egypt’s birth rate declines to 6.8% in 2018
The CAPMAS explained in its annual bulletin of births and deaths statistics in 2018, that the sex ratio at birth in Egypt is still the same as it was in 2017, which is 105 male /100 female.
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Official unemployment rate drops to 11.98% in Q2 2017: CAPMAS
Workforce size registers 29.183m in April-June 2017, up by 33,000 from Q1 2017
Raising interest on the pound is for the benefit of all: CBE governor
The CBE does not consider specific entities when making decisions, Amer said defending MPC’s decision
Egypt’s stocks under pressure as possible interest rate hike looms
The CBE delayed the meeting of its monetary policy committee to 21 May
FEDCOC urges parliament to solve high lending interest rate issue
The implementation of social and middle-class housing units will start within a week, Badr El-Din says
Bright future for economy, critical for stock market, high interest rate is temporary: Prime Investment
Prime Investment bank said that floating the national currency is a great step that would push Egypt’s economy forward by eliminating the informal market and creating one price for foreign currencies, combined with decisions by the Supreme Council for Investment to help boost investments in Egypt. The bank believes that the supply of US dollars …
Banque Misr raises interest rate by 1% on deposits, 0.75% on savings accounts
The interest rates increase on the higher deposits, depending on the segments set by the bank
Absence of coordinating council in decision to increase interest rates
The CBE’s accompanying report on the decision was issued without Al-Mashat’s signature for the first time in 11 years
Coordinating Council targets inflation rate lower that 10%
The government presents to the parliament a legislation package headed by VAT; Ismail said
Rate of car accidents increased by 3.5% in H1 2015 in Egypt: CAPMAS
The number of deaths however decreased by 2.7%, according to the report
Egypt hopes to lure billions of dollars in investments during Economic Summit: Fitch
In response to Daily News Egypt’s questions, Gamble said the Gulf state’s support to Egypt’s economy will be in the form of FDI, rather than direct payments.
Egyptian pound inches up on official, steady on black market
Reuters – The Egyptian pound was up slightly at a central bank foreign currency sale on Thursday and traded within its recent range on the black market. The central bank sold $39.6m to banks with a cut-off price of 6.9511 pounds to the dollar, fractionally stronger than the cut-off price of 6.9512 from Wednesday’s auction. …
Growth rate decreased to 1.5% in 2012/2013
The report showed that growth rate in 2012/2013 reached 2.1% compared to 2.2% in 2011/2012, 1.8% in 2010/2011 and 5.1% in 2009/2010.
Unemployment hits 13%
Labour force survey for Q4 2012 reveals growing rate of unemployment
Spanish unemployment nears 25%
Madrid (AFP) – Spanish unemployment is now near one quarter of the workforce, fuelling fears the country might need a costly bailout as the IMF issued its latest report on the eurozone’s fourth biggest economy. The unemployment rate rose in the second quarter to 24.63 percent of the workforce and to a huge 53 percent …