Latest Economy News
Developing 1m residential units can increase Egypt’s GDP by EGP 2trn annually: Hisham Talaat Moustafa
Hisham Talaat Moustafa said that talks over launching a mortgage finance initiative…
Britain’s economy to recover in 2021, won’t reach pre-covid levels: experts
Britain's economy in 2021 will be affected by disruption related to the…
Egypt`s economy to grow 2.8% in FY 2020/21, versus 3.5% growth estimate in 2019/20: IMF
IMF projects global growth of -4.4%, upward revision of 0.8% compared to…
World Bank grants South Sudan $45m to improve service delivery
Millions in South Sudan have been displaced, and the already scarce social…
Fitch lowers US credit outlook to negative from stable
Fitch expected the US economy to contract by 5.6% in 2020 and…
Egypt receives most FDI in Middle East, Africa in 2019
Despite a decline of 14.9% in FDI flows to Africa and the…
G20 finance officials pledge immediate, exceptional measures to address COVID-19
To date, 42 countries have requested to be benefited from G20 DSSI,…
Egypt economy 2020 to grow 0.8% in worst case scenario: African Economic Outlook
In March, Egypt experienced portfolio outflows, 12% decline in foreign currency reserves
IMF approves 12-month $5.2bn Stand-By Arrangement for Egypt
New IMF arrangement aims to help Egypt cope with the challenges posed…
Al-Sisi reviews impacts of COVID-19 on Egypt’s economic growth
Presidential directive asks TSFE to maximise added value of state assets, properties
