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FDI to grow in Egypt over coming four years - IMF
The IMF sees FDI in Egypt climbing in each of the next four years. Egypt could see foreign direct investment…
OPEC+ finally reaches an agreement to raise oil supply
OPEC+ finally reached an agreement last Sunday to gradually increase production until the end of 2022, according to the Financial…
You win some…
The IMF expects Egypt’s economy to “rebound strongly” in FY2021-2022, with GDP coming in at 5.2%, according to a statement…
Egypt’s external debt jumps in 3Q 2020-2021
Egypt’s external debt jumped by 21% in 3Q2020-2021 to USD 134.8 bn, compared to USD 111.3 bn in the same…
Egypt won’t need to tap lenders for the time being, says IMF
Egypt does not need additional external financing at the moment thanks to structural policy and fiscal reforms that have course-corrected…
Mohamed Maait headlines the talk shows on 9 June 2021
Finance Minister Mohamed Maait has the Enterprise talk show section all to himself this morning after he dialled in to…
Egypt’s GDP is on track to grow 4.2% in 2021 –RenCap
Renaissance Capital revised upwards its projections for Egypt’s GDP growth to 4.2% in 2021, driven by growth in transport, tourism,…
Growth forecasts are (largely) holding steady
Egypt’s economy is expected to close out the state’s 2020-2021 fiscal year having grown 2.9%, according to a Reuters poll…
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