Latest Economy News
Egypt PMI back to contraction in May: Emirates NBD
Egypt’s non-oil private sector activity continued to shrink in May to reach…
Finance Ministry excludes economic stimulus plans from public expenditure control guidelines
The Ministry of Finance said in a statement on Tuesday that it…
For first time, Egypt achieves investment rate over 46%: Al-Saeed
Investment rate in planning across different governorates is 80%, says minister of…
Parliament approves final account for FY 2016/2017 budget
Egypt's budget deficit fell to 10.9%, says finance minister
Finance Ministry provides EGP 4.6bn urgent allocations for supply, railways, health insurance
Minister of Finance Amr El-Garhy approved EGP 4.6bn in urgent allocations for…
Egypt’s economy near-term outlook bright, 5.3-5.5% expected growth in 2018-20: Capital Economics
Firm believes fuel prices will rise by 60% in July to keep…
Egypt’s microfinance portfolio reaches EGP 13bn by end-Q1 2018: EMF
Banks total active microfinance portfolio at EGP 4.5 bn, 312,000 active customer,…
Egypt’s budget deficit rose to EGP 218.1bn during 7M current FY: Finance Ministry
Budget deficit increased 11.3% y-o-y during first seven months of FY 2017/2018
Egyptian-Russian economic committee preparatory meetings kick off in Moscow
Egyptian delegation visits industrial zone Technopolis Moscow
EGP 7bn initial surplus in 10M current FY: El-Garhy
Government aims to achieve initial surplus of 2% of GDP, reduce budget…