Latest Economy News
Deepening effective reforms critical to underpin Egypt’s positive economic outlook: IMF
Deepening and broadening of Egypt's effective reforms is critical to underpin the…
IMF likely to approve final $2bn of Egypt’s loan next Wednesday
The IMF’s board approval of fifth review will allow Egypt to receive…
Prices soar in Egypt, but people find ways to cope
In Egypt, economic challenges since 2016 forced the people to adapt to…
IMF to remain involved in Egypt’s reform, financing needs remain threat: Standard Chartered
Bank foresees inflation averaging 11.1% in FY 2019/20, further interest rate cuts…
Egypt’s foreign exchange inflows hit $150bn since November 2016
Washington, DC- Foreign exchange flows received by the Central Bank of Egypt…
World economic growth projected to pick up in H2 of 2019: IMF
Global growth softened to 3.6% in 2018, predicted to decline further to…
Reform achievements are impressive, ensuring sustainability is essential: Beltone
Firm forecasts EGP 17.6 per USD in FY 2018/19, EGP 17.1 per…
Moody’s views Egypt’s FY 2019/20 draft budget as credit positive, forecasts 7.5% deficit
Minimum wage adjustments in private sector to follow, increase likely to support…
Egypt targets 7.2% deficit, 6% GDP growth, 6.163tn total GDP in FY 2019/20
New draft budget sets price of Brent crude at $70 per barrel,…
CJJ implements digital justice system from CaseLines
Judges will now be able to work efficiently from their home offices