economic reforms

Egyptian economist says dollar to stand at LE16
Economy

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

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

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

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

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

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

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

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

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

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…
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