economic reforms
Egyptian economist says dollar to stand at LE16
Economy
September 19, 2019
Egyptian economist says dollar to stand at LE16
Egyptian economist Walid Gaballah predicted that the Egyptian pound-dollar exchange rate will decline to LE16 per dollar. The economist stated this…
Lebanon PM says accelerating reforms to rein in public debt: CNBC
Economy
September 4, 2019
Lebanon PM says accelerating reforms to rein in public debt: CNBC
BEIRUT (Reuters) – Lebanese Prime Minister Saad al-Hariri said his government would aim to cut the budget deficit to 7%…
UK PM Johnson welcomes economic reforms in talks with Jordan’s King Abdullah
Middle East
August 8, 2019
UK PM Johnson welcomes economic reforms in talks with Jordan’s King Abdullah
LONDON (Reuters) – British Prime Minister Boris Johnson hosted Jordan’s King Abdullah for a working lunch on Wednesday to discuss…
Egypt improves wages to reduce impact of economic reforms
Business
May 4, 2019
Egypt improves wages to reduce impact of economic reforms
Egypt’s Finance Ministry announced that the government plans to reduce the impact of financial and economic reforms on citizens in…
Moody’s upgrades Egypt’s rating to B2
Business
April 18, 2019
Moody’s upgrades Egypt’s rating to B2
Moody’s upgraded Egypt’s rating to B2 with a stable outlook, expecting financial and economic reforms to cause gradual and steady…
Egypt has the highest growth rate in MENA region: Finance Minister
Economy
January 22, 2019
Egypt has the highest growth rate in MENA region: Finance Minister
Egyptian Finance Minister Mohamed Maait said on Monday that the results of the first half of the current fiscal…
Egypt’s governmental reforms bring economic stability: IFC chief
Economy
December 8, 2018
Egypt’s governmental reforms bring economic stability: IFC chief
The International Finance Corporation’s (IFC) Chief Executive Officer Philippe Le Houérou announced on Saturday that government reforms introduced by…
Egypt sovereign credit rating upgraded to B: S&P global ranking
Business
May 12, 2018
Egypt sovereign credit rating upgraded to B: S&P global ranking
Standard & Poor’s (S&P) global ranking lifted Egypt sovereign credit rating to B from B-, citing the country’s progress of…
Egypt’s economic reforms begin to bear fruit: Bloomberg
Economy
April 6, 2018
Egypt’s economic reforms begin to bear fruit: Bloomberg
The economic reforms in Egypt are starting to bear fruit, with the domestic deficit shrinking by 67 percent in the…
Egypt’s exchange remains top Arab performer in 2017
Economy
December 27, 2017
Egypt’s exchange remains top Arab performer in 2017
The head of the Egyptian Exchange says its benchmark index has made significant gains in 2017 thanks to economic reforms…