economy

GAFI CEO says diversity of economy, investment systems protect Egypt against future risks
Economy

GAFI CEO says diversity of economy, investment systems protect Egypt against future risks

CEO of the General Authority for Investment and Free Zones (GAFI) Hossam Heiba said Monday that the diversity of Egyptian…
India records bumper economic growth as election draws to a close
World

India records bumper economic growth as election draws to a close

New Delhi CNN  —  India’s economy grew by more than 8 percent in the fiscal year that ended in March, according…
Egypt to lift fuel subsidies within 4 years: Official
Economy

Egypt to lift fuel subsidies within 4 years: Official

Egyptian Cabinet spokesperson Mohamed al-Hommosany announced that the government has devised a plan to gradually lift electricity subsidies within four…
PM, WB officials discuss governance of state-owned enterprises
Business

PM, WB officials discuss governance of state-owned enterprises

Prime Minister Mostafa Madbouly has discussed with the World Bank (WB) delegation taking steady steps to implement what was stated…
Cabinet: Positive Economic Expectations From Int’l Institutions For 2024-2025
Business

Cabinet: Positive Economic Expectations From Int’l Institutions For 2024-2025

Economic measures recently taken by the government have contributed to meeting internal challenges and mitigate the repercussions of the surrounding…
PM affirms desire to accelerate boosting share of private sector in economy
Egypt

PM affirms desire to accelerate boosting share of private sector in economy

Prime Minister Mostafa Madbouly Sunday said that the Egyptian government has a real desire to accelerate extending the participation of…
Egypt’s annual inflation rate falls to 31.8% in April: CAPMAS
Economy

Egypt’s annual inflation rate falls to 31.8% in April: CAPMAS

Egypt’s annual urban consumer price inflation slowed further in April to 32.5 percent on a year-on-year basis, down from 33.3…
These three men are reshaping the world’s most populous country to become an economic superpower
World

These three men are reshaping the world’s most populous country to become an economic superpower

New Delhi CNN  —  In March, a quiet coastal town in the western Indian state of Gujarat could have given both Davos…
National Dialogue’s rapporteur: Fitch Ratings give assurance message for investment in Egypt
Business

National Dialogue’s rapporteur: Fitch Ratings give assurance message for investment in Egypt

Rapporteur of the Investment Committee at the National Dialogue Samir Sabri said Fitch Ratings on Egypt indicate the Egyptian economy…
New report from IMF affirms Egypt’s continued commitment to reform program
Egypt

New report from IMF affirms Egypt’s continued commitment to reform program

The International Monetary Fund (IMF) confirmed that Egypt remains committed to continuing its economic reform program. The IMF added in…
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