ICT sector achieves EGP 1bn increase in GDP during Q4 2016
A significant decline in the telecommunication services costs in Q4 compared to…
Financial conditions deficient as economic activity slows down in Q3 of FY 2016/2017: Pharos
Pharos Holding’s FCI has revealed that the GDP decline was expected, given…
GDP growth to slow, reach 3.9% in FY 2017/18: World Bank
Growth expected to accelerate to 4.6% in FY 2017/2018 and 5.3% in…
Focus Economics expects inflation to average 22.3% in 2017
The company expects the economy to expand at a more moderate pace…
Egypt’s public debt is reaching critical level
Experts believe there are no other options but to ask for more…
Egypt’s foreign debt jumps by $19.5bn in 2016
Foreign debt reached 37.6% of GDP in December 2016 compared to 13.6%…
Budget deficit 11.5% of GDP for FY 2014/15
EGP 73.9bn for fuel subsides, and EGP 33.2bn for pension funds
Ministry of Trade and Industry approves 226 new industrial projects with EGP 8bn investments
Positive indicators reflect ministry’s strategy to promote development until 2020: Kabil
Political complexities
The local and international relations between different political forces are always controlled…
Beltone delineates Egypt’s economy over the coming 5 years
Beltone Financial issued its annual report covering the Egyptian economy, titled “the…