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Egypt best African country to invest in for 3rd year in a row, says report
Moni, who runs a carpet store in Tehran, has been spending idling time with few customers since U.S. imposed sanctions on Iran, which increase the cost of imported raw silk and sharply cut nearly half of the carpets export.
Egypt’s fiscal consolidation to continue, unemployment shrinking, GDP to record 5.5% in 2020: The Economist Intelligence Unit
Monetary easing cycle to create jobs, positively reflect on middle class, say experts
We’re optimistic for Egypt, which now focuses on measures to increase private sector competitiveness, says head of Emerging Markets at Morgan Stanley
The center expected in its latest report on 2027 growth projection, that Egypt’s economy will become among the top of the list of the fastest growing economies in the world until 2027.
In Egypt, economic challenges since 2016 forced the people to adapt to price hikes. From an economic standpoint, the rising prices drive customer demand lower. To cope, Egyptians are struggling to cut their expenses and find alternatives to pricey commodities and services.
It comes during a Sunday meeting between Al-Sisi and members of the ministerial economic committee.
Visit to witness several high-level meetings with Egyptian officials, says ambassador
Bank foresees inflation averaging 11.1% in FY 2019/20, further interest rate cuts by CBE
Certain amount of climate change impacts is inevitable even if we stay below 1.5C, says study’s lead author
Exploiting our wealth of mineral resources can record $10bn within five years, says Kamal
Egypt is head of African Union, pioneers way Africa can work together, says Malpass
Washington, DC – Egyptian economy will grow by 5.5% this year, the International Monetary Fund (IMF) said in its World Economic Outlook (WEO) April 2019, unchanged from its expectations in October 2018. Further, the IMF expected that the country’s economic growth will reach 5.9% in 2020. However, Egypt’s economic growth forecast was estimated at 6% in …
Firm forecasts EGP 17.6 per USD in FY 2018/19, EGP 17.1 per USD in FY 2019/20
Authorities to reform its pension system by end of June, new tax regime for SMEs to be approved by parliament
Targets were met except for end-June accumulation of budget sector debt
Authorities planning to hedge oil prices, but IMF advised caution, says report
Minimum wage adjustments in private sector to follow, increase likely to support private consumption, erode competitiveness
MENA has highest energy subsidies in world, says report
‘Democracy key to boost economy, businesses,’ says Bareiß
US President repeatedly declared he will not reopen government unless he gets funding for border barrier
External demand drove 2018’s economic growth, says report
Bank invests €1.15bn through 19 projects in Egyptian economy
We will bring down public debt levels, enhance social programmes’ efficiency, says Prime Minister
Seven of world’s biggest economies by 2030 will likely be current emerging markets
Weak FDI, reliance on hot money, inflation still challenging
President Al-Sisi previously warned of rumours’ consequences on pace of development
It is estimated that by 2030, one in five people will be African. Given the continent’s population size, Africa’s labour force has the potential to prompt the global growth for decades. However, in order to do that, Africans must implement the necessary reforms today. As its population matures, governments, institutions, and organisations need to help …
US leadership of international order fades, more countries seek influence by meddling in foreign disputes amid lack of impunity