inflation
Egypt’s headline inflation surges to 17.7% in October
Business
November 11, 2018
Egypt’s headline inflation surges to 17.7% in October
Egypt’s headline inflation continued to climb year-on-year in October, rising to 17.7 percent from 16 percent in September, official…
Moody’s changes Egypt’s banking system outlook to positive
Economy
October 11, 2018
Moody’s changes Egypt’s banking system outlook to positive
Rating agency Moody’s announced Wednesday that it has upgraded its outlook for Egypt’s banking system to positive from stable.…
Egypt’s annual inflation rate declined 15.4 percent in September: CAPMAS
Business
October 10, 2018
Egypt’s annual inflation rate declined 15.4 percent in September: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Wednesday that the annual inflation rate declined to…
Turkey sees lower growth, double-digit inflation in next years
Middle East
September 20, 2018
Turkey sees lower growth, double-digit inflation in next years
Turkey, which was last month buffeted by its worst currency crisis in recent years, on Thursday forecast sharply lower…
Egypt is now a ‘haven’ for debt investors: Bloomberg
Business
August 16, 2018
Egypt is now a ‘haven’ for debt investors: Bloomberg
Egypt has turned into a “haven” for debt investors in the region in the period since it floated its pound…
IMF director claims Egypt’s economy will improve ‘after 3 years’
Egypt
August 8, 2018
IMF director claims Egypt’s economy will improve ‘after 3 years’
Hazim al-Beblawi, Executive Director of the International Monetary Fund (IMF) and Egypt’s former Prime Minister, expects the economic situation in…
IMF urges Egypt to maintain tight monetary policy to ward off inflation
Business
July 3, 2018
IMF urges Egypt to maintain tight monetary policy to ward off inflation
Egypt should maintain tight monetary policy to contain the risk of inflation as a result of fuel and electricity…
Egypt targets 5.9% growth rate for 2019, exceeding IMF, World Bank projections
Business
April 19, 2018
Egypt targets 5.9% growth rate for 2019, exceeding IMF, World Bank projections
Egypt’s Minister of Planning Hala al-Saeed said that the government aims to reach growth rate of 5.9% in 2019. Saeed…
Egypt to receive $2 bn from IMF after 3rd review in May: minister
Economy
April 19, 2018
Egypt to receive $2 bn from IMF after 3rd review in May: minister
Egypt’s Finance Minister Amr al-Garhy said on Wednesday that the review of the International Monetary Fund’s (IMF) third installment to…
Egypt’s economic growth to reach 5.2% in 2018: IMF
Economy
April 18, 2018
Egypt’s economic growth to reach 5.2% in 2018: IMF
The International Monetary Fund (IMF) expects economic growth in Egypt to reach 5.2 percent in 2018 and 5.5 percent in 2019,…