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AfDB plans USD 1.2 bn of financing to Egypt over 2019 and 2020
EXCLUSIVE- AfDB plans USD 1.2 bn of financing to Egypt in 2019 and 2020: The African Development Bank (AfDB) is…
MENA growth to slow in the coming months, say Focus Economics
MENA growth to slow in the coming months, says Focus Economics: Economic growth in the Middle East and North Africa…
Egypt economic growth to beat expectations- Capital Economics
Egypt’s economic growth will beat expectations as sovereign bond yields fall and the government’s austerity program draws to a close,…
Government reviews FX rate, oil price at 2018/2019 budget
FinMin sees growth accelerating, forecasts weaker average EGP exchange rate this fiscal year, will budget for oil at USD 67…
Egypt working on new revenue strategy to plug budget deficit
EXCLUSIVE- New revenue strategy to curb budget deficit could be on the way: The government is discussing a new revenue…
Egypt’s GDP growth in 2Q2018-19 reaches 5.5%
Egypt’s GDP growth is still accelerating: Economic growth accelerated to 5.5% in 2Q2018-19, up from 5.3% in 1Q2018-19 and 5.3%…
Egypt’s GDP will fall slightly over the next two years, UN says
Egypt’s GDP growth rate will slow slightly over the next two years, hitting 5.2% in 2019 before falling to 4.7%…
Egypt’s budget deficit shrinks to 3.6% from 4.2% in 1H2018-19
Egypt’s budget deficit shrank to 3.6% of GDP in 1H2018-19, down from 4.2% the previous year. The state treasury recorded…
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