Economic growth
World Bank: Economic growth will slow in 2011
Egypt
January 14, 2011
World Bank: Economic growth will slow in 2011
The World Bank is anticipating a slowdown in the international economy after a period of recovery in 2010 following the…
Minister: Arab cash flows are 60% of non-oil investments in Egypt
Business
December 18, 2010
Minister: Arab cash flows are 60% of non-oil investments in Egypt
Sixty percent of non-oil investments in Egypt are in the form of Arab cash flows, said Minister of Economic Development…
Trade minister predicts 6% economic growth by year’s end
Business
November 22, 2010
Trade minister predicts 6% economic growth by year’s end
The Egyptian economy will achieve a 6-percent growth rate by the end of this year and a 7.6 percent growth…
Egypt mulls US dollar ‘century bonds,’ says minister
Business
November 3, 2010
Egypt mulls US dollar ‘century bonds,’ says minister
Egypt is considering offers from international investment banks to launch 100-year "century bonds" that would help demonstrate appetite for longer-term…
Reluctance to loan, not financial capacity, inhibit Egypt’s SME growth
Business
October 28, 2010
Reluctance to loan, not financial capacity, inhibit Egypt’s SME growth
After years of government financial regulation, many Egyptian bankers finally see an opportunity to play a more effective role in…
Trade Minister: Govt to devise new system for allocation of state land
Business
October 13, 2010
Trade Minister: Govt to devise new system for allocation of state land
Trade and Industry Minister Rachid Mohamed Rachid on Tuesday announced that the government was in the process of devising a…
Poor education squeezes Egypt’s growth
Egypt
October 6, 2010
Poor education squeezes Egypt’s growth
Sawsan Gomaa, 18, thought memorizing vocabulary and grammar from the ministry textbook would be enough to ace Egypt's yearly national…
Egypt parliament clashes over end of year economy results
Business
March 21, 2010
Egypt parliament clashes over end of year economy results
The People's Assembly saw a confrontation yesterday between Gawdat el-Malt, head of the Central Auditing Organization (CAO) and Ahmed Ezz,…
Report: inflation fell to 11.8% in 2009
Business
January 10, 2010
Report: inflation fell to 11.8% in 2009
According to recently-released official figures, Egypt's inflation rate fell to 11.8 percent in 2009 compared to 19.2 percent in 2008.…
2009 economy overview: Could have been worse
Business
December 24, 2009
2009 economy overview: Could have been worse
2009 was a brutal economic year for most of the world, with markets in turmoil, mass layoffs and the specter…