Latest in Tag: Economy Highlight
Latest in Tag: Economy
Chinese economy maintains stable growth amid external headwinds: central bank governor
Continued progress has been made in economic restructuring, aggregate demand and supply are basically in equilibrium, and growth has become more resilient, China’s central bank governor said.
Egyptian expat investors call on government to promote its economic reforms
This came during their participation in the conference titled “Egypt Can with Investment and Development” on Wednesday.
Egypt Economic Summit to discuss country’s future after economic reforms in November
The summit will witness the presence of nearly 40 speakers and experts in several influential economic fields within the Egyptian society.
Inequality in the OECD is at a record high – and society is suffering as a result
After taking a few months out to write a book on what we know about economic inequalities, I was struck by the enormous amount of research showing how harmful inequality is for people
Egypt’s economy is diversified, receives large amounts of FDIs: RMB
Egypt best African country to invest in for 3rd year in a row, says report
U.S. sanctions on Iran cripple economy, squeeze people
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.
Fiscal deficit to record 7.3% of GDP in FY19, current account will move into surplus from 2021, political stability to strengthen
Egypt’s fiscal consolidation to continue, unemployment shrinking, GDP to record 5.5% in 2020: The Economist Intelligence Unit
Egypt’s business community awaits more interest rates’ cuts to boost investment
Monetary easing cycle to create jobs, positively reflect on middle class, say experts
Egypt great economic reform story in eyes of market: Morgan Stanley
We’re optimistic for Egypt, which now focuses on measures to increase private sector competitiveness, says head of Emerging Markets at Morgan Stanley
Egypt’s economy to grow by 6.8% annually until 2027: Center for International Development at Harvard University
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.
Prices soar in Egypt, but people find ways to cope
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.
Al-Sisi cites Egyptians’ support as reason for Egypt’s positive economic indicators
It comes during a Sunday meeting between Al-Sisi and members of the ministerial economic committee.
Korean MoFA’s Deputy Minister for Economic Affairs to visit Egypt on Tuesday
Visit to witness several high-level meetings with Egyptian officials, says ambassador
IMF to remain involved in Egypt’s reform, financing needs remain threat: Standard Chartered
Bank foresees inflation averaging 11.1% in FY 2019/20, further interest rate cuts by CBE
Global economy could lose $70tn due to climate change acceleration
Certain amount of climate change impacts is inevitable even if we stay below 1.5C, says study’s lead author
Egypt qualified as economic capital of MENA: ex-petroleum minister Osama Kamal
Exploiting our wealth of mineral resources can record $10bn within five years, says Kamal
World Bank shows interest in cooperation with Egypt to boost growth
Egypt is head of African Union, pioneers way Africa can work together, says Malpass
Egypt’s economic growth to record 5.5% in 2019: IMF
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 …
Reform achievements are impressive, ensuring sustainability is essential: Beltone
Firm forecasts EGP 17.6 per USD in FY 2018/19, EGP 17.1 per USD in FY 2019/20
Egypt’s economy on right track, fuel subsidy reform advancing: IMF fourth review
Authorities to reform its pension system by end of June, new tax regime for SMEs to be approved by parliament
Egyptian authorities express readiness to make additional reforms
Targets were met except for end-June accumulation of budget sector debt
Egypt to implement several reforms in June including eliminating fuel subsidies: IMF
Authorities planning to hedge oil prices, but IMF advised caution, says report
Moody’s views Egypt’s FY 2019/20 draft budget as credit positive, forecasts 7.5% deficit
Minimum wage adjustments in private sector to follow, increase likely to support private consumption, erode competitiveness
Egypt ranks 86 out of 115 countries on WEF’s ETI 2019
MENA has highest energy subsidies in world, says report
Germany realises Egypt’s progress toward more economic openness
‘Democracy key to boost economy, businesses,’ says Bareiß
Trump’s possible impeachment: how can it affect Egyptian, global economy?
US President repeatedly declared he will not reopen government unless he gets funding for border barrier
Egypt’s economy to sustain growth at 5.2% in 2019: UN Report
External demand drove 2018’s economic growth, says report
Egypt becomes largest country of EBRD operations in 2018
Bank invests €1.15bn through 19 projects in Egyptian economy
Egyptian government committed to setting up right environment for economy over 2019
We will bring down public debt levels, enhance social programmes’ efficiency, says Prime Minister
Egypt would be among 10 top economies by 2030: Standard Chartered
Seven of world’s biggest economies by 2030 will likely be current emerging markets