Latest in Tag: economic growth Highlight
Latest in Tag: economic growth

Inclusive workforce correlated to higher productivity, sustainable economic growth: Al-Mashat
Post-COVID-19 recovery is unique opportunity to further promote role of women, says Al-Mashat

Al-Sisi reviews impacts of COVID-19 on Egypt’s economic growth
Presidential directive asks TSFE to maximise added value of state assets, properties

Automotive industry achieves economic growth through reducing unemployment
Government targets $5bn to invest in feeding industries, $3bn in exports by 2022

Investing in people helps to share in benefits of economic growth, technological progress
Only 1.7% of country’s public investment are injected in infrastructure, says Lagarde

Egypt to top African countries’ economic growth in 2018: report
New investment law will reinforce investors’ confidence, lure direct investments

EBRD allocates 1.5bn euros for SME projects in Egypt
The bank targets to develop the environment for small companies to invest and improve

EGX seeks to restore its role in financing economic growth amid economic, political challenges
The recent financial indicators clearly reflect the severe recession experienced by the Egyptian Exchange (EGX) over the past 10 years. Additionally, the EGX’s inability to perform its essential role in financing the targeted economic growth of about 5.2% during the fiscal year (FY) 2016/2017 raised controversy. In 2008, the market capital of the GDP in …

Yellen cautions about US economic growth
US Fed chairwoman Janet Yellen is sensing “considerable uncertainty” with regard to the American economy and warns of “significant repercussions” if Britain votes to break with the European Union.

Economic growth of 5.2% in coming year realistic only with reform: Finance Minister
We will slow down the growth of expenditure items and increase revenue to control deficits and debt, said Al-Garhi
The government targets economic growth reflective of living standards, Ministry of Finance
Report recommends a monetary scheme to re-prioritize spending, strengthen social protection, and modernise the infrastructure of the economy

Egyptian economy improving amid challenges: Moody’s
Although government financing needs remain large, Moody’s expects economic reform will help reduce fiscal deficits and government debt

Delegation from World Bank to visit Egypt next month: US Embassy official
Visit comes to support Egypt in reaching financial inclusion

EGP 10bn sovereign fund ready for investment in H2 of FY 2015/2016: Planning minister
Egypt will sign agreement with Saudi Fund for Development to provide fuel and natural gas credit facilities, says El-Araby

Egypt’s economy grows 4.7% in first 9 months of FY 2014/2015
Tourism sector grows 34.6% in first 9 months of last fiscal year
Can Greece invest its way out of the crisis?
Greece could surely use some economic growth – badly. But how? An evaluation of more than a hundred studies has revealed that public investment, even on credit, may just hold the key to long-term success. First of all, no one doubts that Greece is in need of fundamental reforms. It requires better administration, less corruption and more competition. It is…

5% GDP growth, 10% budget deficit, 10% inflation by FY 2016/2017: World Bank
Uncertainty still surrounds the financing of mega-projects, World Bank said
Economy needs investments to counter unemployment: Pepsi Regional Manager
Fight to cut domestic debt to 84% during coming years, says Salman

Encouraging signs for Egypt’s economy
By Oxford Business Group After years of uncertainty and turbulence, Egypt’s economy is beginning to show some signs of recovery, with a marked rise in business confidence helping to strengthen indicators in both capital markets and the broader economy. Emerging signs of growth are welcome not only for investors, but also for the government, following …

Religious freedom contributes to better economic outcome: Study
“Religious regulations” negatively affected Egypt’s tourism industry in 2013
Morocco’s economic growth slows in first quarter as agricultural output falls
Reuters – Morocco’s economic growth slowed sharply to 2.5% in the first quarter from a year earlier, and is likely to ease slightly again this quarter as agricultural output shrinks, the country’s planning agency said on Tuesday. Agriculture, which accounts for about 15% of Morocco’s gross domestic product, fell 3.4% in the first three months …

Three-year transition to inflict long-term damage to economy: experts
Regarding Egypt’s request for a $4.8b loan from the International Monetary Fund (IMF), Toulba said negotiations will definitely be put on hold given the current lack of clear political leadership.

IT market grows despite economic constraints: report
BMI report highlights growth and government strategies supportive of the market

PM courts investors at Deauville forum
Qandil says country needs stability and political compromise to achieve 3% growth

Investment minister aims for 7% growth in two years
Following the revolution, the Egyptian economy registered lower growth rates compared to the pre-revolution average, recording 1.8% in the fiscal year of 2011-2012. The rate rose minimally to 2.2% in 2012-2013.
Economic growth rate rises by 2.3 percentage points in Q1
The poor rate of total investments slowed down economic growth
Egypt’s economy likely to grow 1.6 pct in 2012/13 year
By Patrick Werr / Reuters CAIRO: Egypt’s economic growth will remain relatively anemic in the coming fiscal year as political uncertainty drags on and the global outlook remains weak, but growth should pick up in the following year, a Reuters poll showed on Tuesday. Year-on-year gross domestic product (GDP) will grow by only 1.6 percent in …
GDP grew by annual 0.4 pct in Q4: MP
By Reuters CAIRO: Egypt’s economy grew by an annualized 0.4 percent in the fourth quarter of 2011, indicating the economy is on the mend after the turmoil of last year’s popular uprising, the deputy chairman of parliament’s economic committee said, citing official figures. “The slowdown in the growth rate has been contained, and that is …
Egypt’s economy to grow 3.1 pct in FY 2012/13
CAIRO: Egypt’s economy will grow by only 1.8 percent this fiscal year and 3.1 percent next as it recovers slowly from the political upheaval that ousted president Hosni Mubarak and disrupted the economy, a Reuters poll showed on Wednesday. The survey of 10 economists forecast that year-on-year gross domestic product (GDP) in the Arab world’s …