Latest Economy News
EGP 89.75bn allocated for petroleum subsidies, EGP 16bn for energy subsidies in FY 2018/19
Food commodity subsidies increased by 36.6% to reach EGP 86bn
French delegation to visit Egypt seeking investment opportunities next week
CCI International Normandie is organising with Business France a visit to Egypt…
Targeted growth rates, unemployment
The government targets a gross domestic products (GDP) growth rate of 5.8%…
Egypt’s social spending strives to curb negative effects of reforms
Subsidies FY 2015/16 (billions of EGP) FY 2016/17 (billions of EGP) FY…
Egypt’s ambitious budget signifies further stable economic conditions
A slew of IPOs likely to boost country’s revenues, decrease deficit
Fiscal deficit to come down to 9.5% in FY 2018: FocusEconomics
FocusEconomics expects inflation to average 15.1% in 2018
Egypt main source of 2017 Middle East investments in France: Business France
300 Middle Eastern companies operated in France in 2017, employing over 24,000
Egypt’s annual inflation slows to 13.3% in March, marking lowest level since 2016
Beltone Financial forecasts another 100-basis point interest rate cut on May
AlexBank, Jordan Post sign agreement to enhance remittances service
The Bank of Alexandria (AlexBank) announced on Monday in Amman the signature…
Egypt successfully raises €2bn in eurobond issuance, closes 3.8 times oversubscribed
Egypt successfully closed a €2bn eurobond issuance, the country’s first public bond…