Growth Domestic Product (GDP)

Egyptian economy’s growth rate falls to 4% during fiscal year 2020/21: Minister
Egypt

Egyptian economy’s growth rate falls to 4% during fiscal year 2020/21: Minister

The growth rate of the Egyptian economy decreased from six percent to four percent during fiscal year 2020/21, due to…
Egypt’s growth rate soars among emerging countries: Minister
Business

Egypt’s growth rate soars among emerging countries: Minister

Egypt has achieved one of the highest growth rates among emerging countries during the 2018/2017 fiscal year, at 5.6 percent…
IMF’s loan to increase Egypt’s foreign reserves, credit rating: CBE
Business

IMF’s loan to increase Egypt’s foreign reserves, credit rating: CBE

Central Bank of Egypt (CBE) board of directors member Fakhry al-Fekki said on Thursday that the International Monetary Fund (IMF)…
Report: World Bank hails Egypt’s economic reform program
Business

Report: World Bank hails Egypt’s economic reform program

The World Bank (WB) has released a report titled the “Egyptian Economic Observatory” (EEI), praising Egypt’s implementation of it’s important…
AI will contribute 7.7% of Egypt’s GDP in 2030: Minister
Technology

AI will contribute 7.7% of Egypt’s GDP in 2030: Minister

Minister of Higher Education and Scientific Research Khalid Abdel-Ghaffar on Friday reviewed the Egyptian national strategy for Artificial Intelligence (AI)…
Moody’s expects Egypt’s GDP to increase by 6 percent by 2021
Egypt

Moody’s expects Egypt’s GDP to increase by 6 percent by 2021

Moody’s investors service said that Egypt’s commitment to economic reforms in cooperation with the World Bank and improvements in the…
Egypt’s IDR upgraded to ‘B+’ by global credit rating agency
Business

Egypt’s IDR upgraded to ‘B+’ by global credit rating agency

Globally-recognized credit rating agency Fitch Ratings has upgraded Egypt’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B+’ from ‘B’, assuring…
Sisi discusses enhancing cooperation with Sudan: Spokesperson
Egypt

Sisi discusses enhancing cooperation with Sudan: Spokesperson

  Egypt’s President Abdel Fattah al-Sisi met with Mohammed al-Hassan al-Merghani, the first assistant to the Sudanese President on Sunday…
Participants for Africa 2018 forum arrive in Sharm al-Sheikh
Business

Participants for Africa 2018 forum arrive in Sharm al-Sheikh

  Sharm al-Sheikh International Airport on Wednesday received participants for Africa 2018 forum (December 8-9), titled “Bold Leadership and Collective…
Egypt’s economic credit rating best since 2011: Minister
Business

Egypt’s economic credit rating best since 2011: Minister

  Minister of Planning, Monitoring and Administrative Reform Hala al-Said announced on Saturday that Moody’s credit outlook rating for the…
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