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Egyptian economy grew 6.6% in FY 2021-2022, says planning minister
The Egyptian economy grew at a 6.6% clip in FY 2021-2022, up from 3.3% the previous year, according to initial…
Gov’t has ambitious FDI + export targets this year
Egypt wants to attract USD 10 bn of foreign direct investment during the current fiscal year, Planning Minister Hala El…
THIS MORNING: Back to the grain + State privatization plans tick on
We have three working days left to the long weekend, ladies and gentlemen. And yes, we’re counting every day. On…
THIS EVENING: Egypt is getting closer to finalizing the 2022-2023 budget + Egypt’s non-oil private sector contracted again in April, albeit at a slower pace
This busy news week appears to be starting with a slow Sunday. Don’t let today lull you, ladies and gentlemen,…
Egyptians can visit Bulgaria with no covid paperwork + FRA joins financial literacy group
Fancy a trip to Bulgaria? It’s now sans-covid paperwork. Starting today travelers arriving to Bulgaria from Egypt no longer have…
Cabinet approves austerity budget, trims GDP outlook
GDP forecast downgraded as cabinet signs off on 2022-2023 budget: Egypt has revised downwards its GDP forecast for FY 2022-2023,…
Gov’t again ups 2021-2022 growth forecast
Egypt’s economy is expected to grow 6.2-6.5% in FY2021-2022, marking an upwards revision from the previously expected 6%, Planning Minister…
More financing from ITFC could be coming our way in February
The Madbouly government plans to finalize as early as this month a new financing program for 2022 with the International…
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