IMF expects Egyptian economy to grow by 3-3.5% this fiscal year
Security problems, Russian plane crash, and foreign currency crisis lowered growth expectations from last year, says Masood Ahmed
Mustafa Sakr
13 Articles
Mostafa Sakr is the Chairman of The Daily News Egypt
Latest by Mustafa Sakr
Head of IMF Mission to Egypt urges for measures to reduce budget deficit
External debt is within safe limits and can be managed, but local debt is worrying, Jarvis says
Comprehensive survey of private sector planned for June: Nasr
The Ministry report will detail activities of 1,300 Egyptian companies and compare their performance to the period before the revolution
World Bank to disperse $1 bn loan instalment upon approval of government programme
The loan instalment is a portion of the $3 bn loan package signed between the government and Egypt in December 2015
Egypt’s economic growth expected to decrease to 3.3% in 2016: IMF
The report predicted a global economic growth of 3.3% during 2016. However, in January this fell by 0.2%
Daily News Egypt… Nation’s voice to the world
With its annual edition, Daily News Egypt enters an important phase of its history, three and half years after its restructuring, leading it to stabilise after the difficult years that followed the 25 January Revolution in 2011. It has become a focal point of attention among the elites, thinkers, politicians, and economists of the country. …
Administrative reform is the cornerstone for growth Mr. President
Al-Sisi’s attendance at the Innovative Government conference will be the first step towards reforming the administrative structure of the state
International bonds issued in all markets, country minus guarantor: Dimian
Government received offers from abroad to finance Suez Canal project but opted to finance it domestically, say finance minster
Emirati, Saudi parties largest investers in Egypt: Investment minister
Government will resolve the majority of disputes with investors before economic summit in March, says Ashraf Salman
Government chooses partners for economic summit conference
Tourism Ministry books 600 hotel rooms in Sharm El-Sheikh for participants, Finance Ministry offers 9 PPP projects
Egypt can still attract foreign investment of $10bn in 2014-15: Investment minister
Ashraf Salman says energy investment is top priority
6 companies to have IPOs this fiscal year: EFG Hermes CEO
Food industry likely to be the first to have an IPO, says Karim Awad
What if foreign investment flows in?
Statements on investment and economic achievements made by Mubarak-regime ministers were never met with trust by the general public, while specialists could see that they were nothing more than media fireworks systematically set off to improve the picture of utter destruction the country’s state of affairs had reached. A simple review of the number of …