gross domestic product

Economic indicators improve, Central Bank decides to keep rates steady
Business

Economic indicators improve, Central Bank decides to keep rates steady

The Central Bank of Egypt has forecast a recovery in the country’s Gross Domestic Product (GDP) in the near future.…
Egypt GDP may increase 5.8 percent in 2020: World Bank
Egypt

Egypt GDP may increase 5.8 percent in 2020: World Bank

  Egypt’s Gross Domestic Product is estimated to grow at a rate of 5.8 in the year 2020, according to…
Saudi finance minister says on track to cut budget deficit to 7 percent of GDP
Middle East

Saudi finance minister says on track to cut budget deficit to 7 percent of GDP

Saudi Arabia is on track on to cut its budget deficit to 7 percent of gross domestic product this year,…
Egypt’s foreign debt up to $80.8bn in 2017: CBE
Business

Egypt’s foreign debt up to $80.8bn in 2017: CBE

The Central Bank of Egypt (CBE) stated on Wednesday that Egypt’s total foreign debt jumped to US$80.8 billion by end…
Weak exports may crimp US fourth-quarter economic growth
Business

Weak exports may crimp US fourth-quarter economic growth

US economic growth likely slowed in the fourth quarter as a plunge in shipments of soybeans weighed on exports, but…
Finance ministry: Egypt targets 4.5-5 pct growth in 2015/16
Egypt

Finance ministry: Egypt targets 4.5-5 pct growth in 2015/16

Egypt expects greater investment and ongoing fiscal reforms to boost economic growth in the 2015/16 fiscal year to 4.5-5 percent…
Egypt’s GDP grew by annual 0.4 pct in Q4
Business

Egypt’s GDP grew by annual 0.4 pct in Q4

Egypt’s economy grew by an annualized 0.4 percent in the fourth quarter of 2011, indicating the economy is on the…
HSBC report: Egypt economy to rank 20th in world by 2050
Business

HSBC report: Egypt economy to rank 20th in world by 2050

The size of Egypt’s economy will rank 20th in the world by 2050, according to a report issued by international…
Egypt might go bankrupt in 6 months, ElBaradei warns
Egypt

Egypt might go bankrupt in 6 months, ElBaradei warns

Egypt might face bankruptcy within six months, Egyptian reform advocate and presidential hopeful Mohamed ElBaradei warned on Monday. During a…
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