Latest in Tag: Economy Highlight
Latest in Tag: Economy
Egypt economy reforms starting to pay off: IMF chief mission
The third tranche is scheduled to be disbursed after the third review by the end of 2017
Economic reform programme was Al-Sisi’s bold decision to put Egypt back on global investment map: Abou El-Enein
There is great potential European demand on investment in Egypt; massive capital to flow in soon
Egypt back on global economy map as promising economy in MENA: Minister of Trade and Industry at Euromoney
16m sqm of industrial lands launched in 2016 and first half of 2017, we expect to launch 15 million more sqm soon
Egypt has a solid financial system: GM of Visa in North Africa and the Levant
Building a culture of electronic payments across society has a direct impact on the economy
Egyptian economy to reap reform fruits by 2019
The banking sector always support the economy with money and expertise at any time
Egypt economy at last reviving, government should press ahead with reforms: Angus Blair
We expect some appreciation for the EGP, but inflation levels to remain as they are
Foreign investors confident about outlook of Egypt economy: Fitch senior director
The rating agency expects Egypt’s economy to grow 4.5% in 2018
Egypt’s economy embarks on recovery, but challenges remain: Capital Economics senior economist
The Central Bank of Egypt will leave rates on hold until further evidence of falling inflation
Investment opportunities in energy sector increasing after economic reforms: Minister of Electricity
Investments of production, transmission, distribution will amount to $25bn until 2020
IFC allocated $1.7bn in MENA in FY 2017 to support economic growth
IFC’s finance increased by 30% in FY 2017 compared to FY 2016
Foreign investments back to Egypt as FX crunch fades away
Government’s steps to amend economy lure investors to pour fresh cash
Euromoney Egypt 2017 tackles private sector’s role in economic development
The 22nd Euromoney Egypt Conference will start on 18 September
Egyptian economy witnessing remarkable development across all sectors: Kabil
Trade exchange between Egypt and China amounted $11bn in 2016
The world continues to economically suffer from violence: IEP
The economic impact of violence on the global economy in 2016 amounted to $14.3tr
Egypt’s economy will not get affected by US aid cut: AmCham
Egypt is the second largest recipient of military aid from the United States after Israel, receiving about $1.3bn annually and nearly $80bn in military and economic assistance over the past 30 years
Twenty days in America
San Francisco spends $300m per year on programmes to legalise the conditions of the homeless
Egypt economic outlook improves despite deteriorating regional outlook: FocusEconomics
Total investments have grown by 4.1% in FY 2017 and are forecasted to grow by 5.7% in FY 2018
First goals of Egypt economy reform plan have been met, says BNP Paribas
A research note expects 2017 to be a transition year for the local economy
Why IMF cut its estimates of Egyptian economy after first review?
The IMF raises its estimates of inflation and debt and lowers its growth forecast
Egypt is committed to fiscal consolidation and economic reform plan: Fitch
Egypt’s new budget and lower electricity and fuel subsidies demonstrate a continued commitment to fiscal consolidation and economic reform, backed by the country’s IMF loan programme, Fitch Ratings said in a recent note. “Narrowing the fiscal deficit supports Egypt’s sovereign credit profile, but significantly reducing the public debt ratio is a multi-year task,” the note …
Economy to recover in 2018 with expected inflation hikes: Arqaam Capital
The Egyptian pound is expected to appreciate by 10% or more in FY 2017/2018 as tourism improves
Egypt’s economy shows signs of vigour: BNP Paribas
Inflation isn’t the only reason behind the soaring inflation
Egyptian economy passed through most difficult phase, reform dangers started fading: Unilever Mashreq managing director
The decisions and laws made by the government over the past months to fix economic climate have contributed to solving 80% of economy’s problems, the remaining percent depends on the government’s future plans
Ambitious plan to restructure public sector companies during 2016-2018: Minister of Planning
EGP 10 billion allocated to infrastructure and public utilities across Egypt during 2017/2018
Egyptian economy on right track, positive signs of economic recovery: Minister of Planning
Egypt aims at doubling growth rate by 2021, increase the GDP per Capita to $4,000
We cannot continue with the current deficit and debt rates, and we are working to reduce them, states the Finance Minister
We aim to reduce the deficit to 9%, unemployment to 11.5%, increase growth to 4.6%, says El-Garhy
South African economy shrinks, slips into recession
Africa’s third-biggest economy contracted in the first quarter of this year, entering recession for the first time in eight years amid weak manufacturing output and slumping trade.Official data released by South Africa’s statistics agency, Stats SA, on Tuesday showed Africa’s largest economy contracting by 0.7 percent between January and March this year, following a 0.3 …
Borrowing rate will not slow down as debt is set to increase
The finance ministry sold new bonds on international markets worth $3bn
Japan in longest economic expansion in a decade
The world’s third-largest economy has grown again in the first quarter, marking a long string of gains since 2006. But analysts warned that the nation’s long battle to conquer deflation was far from over.Japan’s economy grew by 0.5 percent quarter on quarter in the first three months of the year, fresh statistical data showed Thursday, …
Egypt’s business climate improving, challenges remain: Capital Economics
New Investment Law is a positive step towards improving the dire business environment, according to the research