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Cloudy with a chance of…
EXCLUSIVE- Expect to see revised GDP growth targets for the current fiscal year sometime this month as the Finance Ministry…
Citi bullish on Egypt
GDP to return to pre-pandemic levels next year -Citi: Egypt’s economy is expected to grow by 4.6% in FY2020-2021 and…
What the markets are doing on 9 December 2020
The EGX30 rose 0.2% yesterday on turnover of EGP 1.6 bn (27.4% above the 90-day average). Foreign investors were net…
Egypt’s budget deficit down, remittances up
Egypt’s budget deficit shrank to EGP 134.9 bn, equivalent to 2.1% of GDP in 1Q2020-2021 compared to 2.3% during the…
Economy to grow at 2.8-4% clip next fiscal year, Maait says
Egypt’s economy is expected to grow between 2.8-4% in FY2021-2022, Finance Minister Mohamed Maait told DMC over the weekend (watch,…
Gov’t revises FY2020/21 GDP forecast upwards to 3.8%
Gov’t GDP forecast revised upwards:The government expects the economy to grow at a 3.5-3.8% clip in the current fiscal year,…
Maait promises no new taxes in fiscal update
Maait promises no new taxes in fiscal update: Egypt’s economy is expected to grow by 3.3% in the current financial…
Egyptian economy to grow 4% on average each year until 2024 -Fitch
Egypt is on track to grow at an average 4% clip over each of the coming four years, which would…
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