Latest Economy News
Local, foreign financial institutions offer to invest $887.7m in Egyptian T-Bills
Highest rate of interest on investment at 3.9%, lowest at 3.28%, averaging…
Capital Economics expects Egypt to cut interest rates in September
Al-Tawfeek Leasing Company expects inflation rise due to expected price increases of…
Egypt’s upcoming spending priorities are for education, health, culture
Expenditure on education, vocational training will be tax-exempt
Egypt, Germany sign €1.6bn development deal
Germany-provided financial support for state budget records €225m at beginning of this…
Egypt to launch its first sovereign wealth fund by end-2018: Al-Saeed
State to begin roadshow in H1 2019 to stimulate private investments, says…
Egypt’s debt in both petroleum, electricity sectors amount to over EGP 900bn: El-Garhy
Egypt’s Finance Minister Amr El-Garhy, said that the debt in both the…
Global growth set to slow over next two years: World Bank
Egypt expected to grow 5% this year, increase of 0.5 points from…
Egyptian economy in good shape as FY 2018 ends: FocusEconomics
Egypt’s economy seems in good shape as annual economic growth accelerated in…
Egypt PMI back to contraction in May: Emirates NBD
Egypt’s non-oil private sector activity continued to shrink in May to reach…
Finance Ministry excludes economic stimulus plans from public expenditure control guidelines
The Ministry of Finance said in a statement on Tuesday that it…