{"id":544191,"date":"2022-02-16T13:59:19","date_gmt":"2022-02-16T13:59:19","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/16\/this-evening-egypts-economy-grew-9-1h2021-2022-consortium-in-talks-to-build-usd-1-5-bn-desalination-plant-egypt-gets-usd-1-5-bn-funding-for-diesel-production\/"},"modified":"2022-02-16T13:59:19","modified_gmt":"2022-02-16T13:59:19","slug":"this-evening-egypts-economy-grew-9-1h2021-2022-consortium-in-talks-to-build-usd-1-5-bn-desalination-plant-egypt-gets-usd-1-5-bn-funding-for-diesel-production","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/16\/this-evening-egypts-economy-grew-9-1h2021-2022-consortium-in-talks-to-build-usd-1-5-bn-desalination-plant-egypt-gets-usd-1-5-bn-funding-for-diesel-production\/","title":{"rendered":"THIS EVENING: Egypt\u2019s economy grew 9% 1H2021-2022 + Consortium in talks to build USD 1.5 bn desalination plant + Egypt gets USD 1.5 bn funding for diesel production"},"content":{"rendered":"<p><strong>The race to the weekend is in full swing, ladies and gentlemen.<\/strong> It\u2019s a busy Wednesday afternoon, with a very healthy pipeline of news to keep you busy.<\/p>\n<p><a class=\"content-anchor\" id=\"tldr-story-01\"><\/a> <strong>THE BIG STORIES TODAY<\/strong><\/p>\n<p><strong>#1- THIS JUST IN- Egypt\u2019s economy grew at a 9% clip in 1H2021-2022<\/strong>, with 8.3% growth during the second quarter of the current fiscal year, Prime Minister Moustafa Madbouly said at a presser, according to <a href=\"https:\/\/bit.ly\/3oTqhlU\">Youm7<\/a>. The 2Q2021-2022 figure is higher than was previously expected, as Planning Minister Hala El Said had signaled <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/346bda71-d9f0-42ee-b29d-1a13546e3181\">in December<\/a> that GDP growth was forecast at 6-7% during the quarter. The government now expects GDP growth to come in at or above 6% in the third and fourth quarters, Madbouly said. You can view the full press conference, which ended moments ago, here (<a href=\"https:\/\/www.youtube.com\/watch?v=TsltDMQqAko\">watch, runtime: 1:09:38<\/a>).<\/p>\n<p><strong>#2- USD 1.5 bn renewables-powered desalination plant coming?<\/strong> A consortium made up of UAE-based Metito Holdings, Scatec Solar, and Orascom Construction is in talks with Egyptian authorities to build a USD 1.5 bn water desalination plant that would be powered entirely using renewables, Metito Africa Managing Director Karim Madwar tells <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2022-02-16\/metito-scatec-in-talks-on-1-5-billion-egypt-desalination-plant?srnd=premium-middle-east&sref=mmeFTDW1\">Bloomberg<\/a>. The consortium is looking to get the Sovereign Wealth of Egypt onboard the project as a partner, according to Madwar.<\/p>\n<p><strong>#3- Egypt signed a USD 1.5 bn funding agreement with a syndicate of six international<\/strong><strong> banks to finance a diesel production complex in Assiut<\/strong> at Egyps today, the Oil Ministry said in a <a href=\"https:\/\/www.facebook.com\/EgyptMOP\/posts\/253375983644047\">statement<\/a>. The complex will produce Euro V-grade diesel and gasoline, among other products, according to the ministry. The funding, provided by Cr\u00e9dit Agricole, UniCredit Italia, HSBC, BNP Paribas, and Soci\u00e9t\u00e9 Generale France, will be backed by the Italian Export Credit Agency Sace.<\/p>\n<p><strong>^^ We\u2019ll have these stories and more in tomorrow\u2019s edition of EnterpriseAM.<\/strong><\/p>\n<p><strong>** CATCH UP QUICK<\/strong> on the top stories from today\u2019s <strong>EnterpriseAM<\/strong>:<\/p>\n<ul>\n<li><strong>CBE holding the line on new import rules:<\/strong> The Central Bank of Egypt (CBE) is not going to reverse its <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f1237459-2827-438d-96c3-8fe7a8dce26e\">decision<\/a> requiring importers to get letters of credit (L\/Cs) for their purchases, CBE Governor <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1a4f5d65-6810-4ca6-b716-00e3c739fd3d\">Tarek Amer said<\/a>, urging businesses to comply with the new requirements.<\/li>\n<li><strong>The Suez Canal Authority is <\/strong><strong><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c7849637-9b84-4a89-97c8-555891db3e83\">considering selling<\/a><\/strong><strong> 20% stakes in two or three of its companies on the EGX<\/strong>, authority boss Osama Rabie said. Rabie named Canal Rope alongside Canal Harbor and Great Projects as two of the companies the SCA is considering for the float, without disclosing an expected timeline.<\/li>\n<li><strong>New green, Islamic microfinance products on the menu for 2022:<\/strong> The Financial Regulatory Authority (FRA) could soon issue licenses for green and Islamic microfinance products, FRA\u2019s Deputy Chairman <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/64766cdc-5103-4b0f-8ca0-96b6e3c87f52\">Islam Azzam said<\/a>.<\/li>\n<\/ul>\n<hr class=\"grey-line\">\n<p><strong>Former Supreme Constitutional Court (SCC) President Said Maree Gad has<\/strong><strong> passed away<\/strong> at age 68, <a href=\"https:\/\/akhbarelyom.com\/news\/newdetails\/3672463\/1\/%D9%88%D9%81%D8%A7%D8%A9-%D8%A7%D9%84%D9%85%D8%B3%D8%AA%D8%B4%D8%A7%D8%B1-%D8%B3%D8%B9%D9%8A%D8%AF-%D9%85%D8%B1%D8%B9%D9%8A-%D8%B1%D8%A6%D9%8A%D8%B3-%D8%A7%D9%84%D9%85%D8%AD%D9%83%D9%85%D8%A9-%D8%A7%D9%84%D8%AF\">Akhbar Al Youm<\/a> reported. His death comes a few days after President Abdel Fattah El Sisi <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bf6b07bf-210c-44af-99d6-859cdd1e6764\">appointed Judge Boulos Fahmy<\/a> to head the SCC, succeeding Gad, who retired for health reasons as the president of the court.<\/p>\n<p><strong>THE BIG STORY ABROAD- We interrupt your regularly scheduled Ukraine Watch<\/strong><strong> programming:<\/strong> Making the rounds in the global business press this afternoon is news that Sweden\u2019s Ericsson may have inadvertently been making payments to Daesh in Iraq. The company announced earlier today that an internal probe found evidence of payments to use transport routes that circumvent customs authorities. The probe was inconclusive in determining the beneficiaries of these payments, but noted that they occurred when Daesh, among other militant groups, were controlling transport routes. <a href=\"https:\/\/www.reuters.com\/markets\/europe\/ericsson-shares-fall-7-iraq-corruption-probe-2022-02-16\/\">Reuters<\/a> and the <a href=\"https:\/\/www.ft.com\/content\/8779157b-5568-48e7-a117-96b74c6db957\">Financial Times<\/a> have the story.<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>      <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><strong>FOR TOMORROW-<\/strong> <strong>The two-day EU-AU summit kicks off in Brussels tomorrow<\/strong>, where President Abdel Fattah El Sisi is <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2c38c42e-697e-4b6b-845b-c8b4c0bec7d0\">set to meet with<\/a> Prime Minister Alexander De Croo to talk diplomatic relations and regional issues. The president is also scheduled to meet Belgium\u2019s King Phillipe and a group of Belgian business leaders.<\/p>\n<p><strong>Also on the agenda for the summit:<\/strong> Look for El Sisi to speak about the integration of African countries into the global economy, ramping up foreign investment across the continent, and supporting developing countries in their green transition \u2014 all of which are key action points for COP27 in Sharm El Sheikh this November.<\/p>\n<p><strong>? CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>A call for tech startups: <\/strong>The Information Technology Industry Development Agency (ITIDA) and US-based VC firm <a href=\"https:\/\/www.plugandplaytechcenter.com\/\">Plug and Play<\/a> have <a href=\"https:\/\/itida.gov.eg\/English\/PressReleases\/Pages\/ITIDA-and-Plug-and-Play-Join-Hands-with-USAID%E2%80%99s-Economic-Governance-Activity-(EGA)-to-Launch-Open-Innovation-Platformin-.aspx\">launched<\/a> an incubator and accelerator program for digital transformation-focused startups in partnership with our friends at USAID. The newly launched \u201cSmart Cities\u201d innovation hub will select 20-30 Egypt-based companies for its inaugural three-month program, which starts in March. Startups can apply <a href=\"https:\/\/www.plugandplaytechcenter.com\/cairo\/#apply\">here<\/a> before applications close on 28 February.<\/p>\n<p><strong>PSA- Your commute is going to get worse this weekend. <\/strong>Public universities begin the second term of their 2021-2022 academic year this Saturday, 19 February.<\/p>\n<p><strong>The <\/strong><strong><a href=\"https:\/\/www.facebook.com\/NebuGoldExpo\">Nebu Expo for Gold and Jewelry 2022<\/a><\/strong><strong> kicks off this Saturday<\/strong>, 19 February and wraps on Monday, 21 February.<\/p>\n<p>\u26c5 <strong>TOMORROW\u2019S WEATHER- <\/strong>It\u2019s going to be cloudy: Don\u2019t expect too much sun tomorrow, our favorite weather app forecasts. As for the temperature, we\u2019re in for a daytime high of 21\u00b0C and a nighttime low of 10\u00b0C.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The race to the weekend is in full swing, ladies and gentlemen. It\u2019s a busy Wednesday afternoon, with a very healthy pipeline of news to keep you busy. THE BIG STORIES TODAY #1- THIS JUST IN- Egypt\u2019s economy grew at a 9% clip in 1H2021-2022, with 8.3% growth during the second quarter of the current [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7213],"tags":[93,633,819,363,270,573,304,364,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544191","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-tonight","tag-energy","tag-enterprisepm","tag-fuel","tag-orascom-construction","tag-russia","tag-scatec","tag-ukraine","tag-water","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"db0c15f5-c5ea-42b5-bcbc-2241342babd2","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[544189],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>THIS EVENING: Egypt\u2019s economy grew 9% 1H2021-2022 + Consortium in talks to build USD 1.5 bn desalination plant + Egypt gets USD 1.5 bn funding for diesel production - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/02\/16\/this-evening-egypts-economy-grew-9-1h2021-2022-consortium-in-talks-to-build-usd-1-5-bn-desalination-plant-egypt-gets-usd-1-5-bn-funding-for-diesel-production\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS EVENING: Egypt\u2019s economy grew 9% 1H2021-2022 + Consortium in talks to build USD 1.5 bn desalination plant + Egypt gets USD 1.5 bn funding for diesel production\" \/>\n<meta property=\"og:description\" content=\"The race to the weekend is in full swing, ladies and gentlemen. It\u2019s a busy Wednesday afternoon, with a very healthy pipeline of news to keep you busy. 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It\u2019s a busy Wednesday afternoon, with a very healthy pipeline of news to keep you busy. THE BIG STORIES TODAY #1- THIS JUST IN- Egypt\u2019s economy grew at a 9% clip in 1H2021-2022, with 8.3% growth during the second quarter of the current [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/16\/this-evening-egypts-economy-grew-9-1h2021-2022-consortium-in-talks-to-build-usd-1-5-bn-desalination-plant-egypt-gets-usd-1-5-bn-funding-for-diesel-production\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-02-16T13:59:19+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/16\/this-evening-egypts-economy-grew-9-1h2021-2022-consortium-in-talks-to-build-usd-1-5-bn-desalination-plant-egypt-gets-usd-1-5-bn-funding-for-diesel-production\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/16\/this-evening-egypts-economy-grew-9-1h2021-2022-consortium-in-talks-to-build-usd-1-5-bn-desalination-plant-egypt-gets-usd-1-5-bn-funding-for-diesel-production\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"THIS EVENING: Egypt\u2019s economy grew 9% 1H2021-2022 + Consortium in talks to build USD 1.5 bn desalination plant + Egypt gets USD 1.5 bn funding for diesel production","datePublished":"2022-02-16T13:59:19+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/16\/this-evening-egypts-economy-grew-9-1h2021-2022-consortium-in-talks-to-build-usd-1-5-bn-desalination-plant-egypt-gets-usd-1-5-bn-funding-for-diesel-production\/"},"wordCount":878,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["energy","EnterprisePM","fuel","Orascom Construction","Russia","Scatec","Ukraine","water","WHAT WE\u2019RE TRACKING TONIGHT"],"articleSection":["WHAT WE\u2019RE TRACKING TONIGHT"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/16\/this-evening-egypts-economy-grew-9-1h2021-2022-consortium-in-talks-to-build-usd-1-5-bn-desalination-plant-egypt-gets-usd-1-5-bn-funding-for-diesel-production\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/16\/this-evening-egypts-economy-grew-9-1h2021-2022-consortium-in-talks-to-build-usd-1-5-bn-desalination-plant-egypt-gets-usd-1-5-bn-funding-for-diesel-production\/","name":"THIS EVENING: Egypt\u2019s economy grew 9% 1H2021-2022 + Consortium in talks to build USD 1.5 bn desalination plant + Egypt gets USD 1.5 bn funding for diesel production - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2022-02-16T13:59:19+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/16\/this-evening-egypts-economy-grew-9-1h2021-2022-consortium-in-talks-to-build-usd-1-5-bn-desalination-plant-egypt-gets-usd-1-5-bn-funding-for-diesel-production\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/02\/16\/this-evening-egypts-economy-grew-9-1h2021-2022-consortium-in-talks-to-build-usd-1-5-bn-desalination-plant-egypt-gets-usd-1-5-bn-funding-for-diesel-production\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/16\/this-evening-egypts-economy-grew-9-1h2021-2022-consortium-in-talks-to-build-usd-1-5-bn-desalination-plant-egypt-gets-usd-1-5-bn-funding-for-diesel-production\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"THIS EVENING: Egypt\u2019s economy grew 9% 1H2021-2022 + Consortium in talks to build USD 1.5 bn desalination plant + Egypt gets USD 1.5 bn funding for diesel production"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":542862,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/20\/primary-surplus-falls-y-o-y-in-1h2021-2022\/","url_meta":{"origin":544191,"position":0},"title":"Primary surplus falls y-o-y in 1H2021-2022","author":"enterpriseam admin","date":"20 January 2022","format":false,"excerpt":"Egypt generated a EGP 3.2 bn primary surplus in 1H2021-2022, Finance Minister Mohamed Maait said during the weekly cabinet meeting yesterday. The surplus came on the back of an increase in tax revenues, which rose 16% y-o-y, the minister said.The surplus is down on an annual basis, but it\u2019s still\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/1\/248.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543775,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/17\/9-economic-growth-hedging-wheat-and-privatization-get-air-time-in-pms-presser\/","url_meta":{"origin":544191,"position":1},"title":"9% economic growth, hedging wheat, and privatization get air time in PM\u2019s presser","author":"enterpriseam admin","date":"17 February 2022","format":false,"excerpt":"Egypt\u2019s economy grew at a 9% clip in 1H2021-2022, with 8.3% growth during the second quarter of the current fiscal year, Prime Minister Moustafa Madbouly said at a presser yesterday (watch, runtime: 1:09:38). By comparison, our GDP growth came in at 1.3% in 1H2020-2021, Planning Minister Hala El Said said,\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/240.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563651,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/07\/12\/egypts-external-debt-jumps-in-3q-2020-2021\/","url_meta":{"origin":544191,"position":2},"title":"Egypt\u2019s external debt jumps in 3Q 2020-2021","author":"enterpriseam admin","date":"12 July 2021","format":false,"excerpt":"Egypt\u2019s external debt jumped by 21% in 3Q2020-2021 to USD 134.8 bn, compared to USD 111.3 bn in the same period in the previous fiscal year, according to central bank figures released yesterday. On a quarterly basis, external debt increased 4.3% from USD 129.2 bn in the second quarter.Blame lower\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/7\/169.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":547776,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/07\/06\/egyptian-economy-grew-by-6-2-in-2021-2022-planning-minister\/","url_meta":{"origin":544191,"position":3},"title":"Egyptian economy grew by 6.2% in 2021-2022 -planning minister","author":"enterpriseam admin","date":"6 July 2022","format":false,"excerpt":"Economic growth accelerates in FY2021-2022: The Egyptian economy grew at a 6.2% clip in FY2021-2022, up from 3.3% the previous year, Planning Minister Hala El Said told CNBC Arabia yesterday.This meets recent government forecasts\u2026: The government had upped its growth forecast for the fiscal year to 6.2% in May on\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/7\/135.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543898,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/23\/govt-again-ups-2021-2022-growth-forecast\/","url_meta":{"origin":544191,"position":4},"title":"Gov\u2019t again ups 2021-2022 growth forecast","author":"enterpriseam admin","date":"23 February 2022","format":false,"excerpt":"Egypt\u2019s economy is expected to grow 6.2-6.5% in FY2021-2022, marking an upwards revision from the previously expected 6%, Planning Minister Hala El Said said yesterday, according to a statement. The economy grew 3.3% during FY2020-2021, according to official figures.The upwards revision comes after 2Q2021-2022 growth exceeded expectations to record 8.3%,\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/332.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":556369,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/10\/24\/egyptian-economy-to-grow-5-1-this-fiscal-year-reuters-poll\/","url_meta":{"origin":544191,"position":5},"title":"Egyptian economy to grow 5.1% this fiscal year -Reuters poll","author":"enterpriseam admin","date":"24 October 2021","format":false,"excerpt":"Growth of the Egyptian economy will continue to accelerate in FY 2021-2022, expanding at a 5.1% clip before climbing to 5.5% in the following two years as the country continues to recover from the covid-19 pandemic, according to a Reuters poll of analysts. The economy grew 3.3% in FY 2020-2021,\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/10\/238.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=544191"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544191\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/544189"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=544191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=544191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=544191"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=544191"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=544191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}