Egypt is targeting GDP growth of 5.5 percent for the fiscal year 2015/2016, which ends in June, …
Ashraf Al Arabi
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The legal framework for a proposed 5 billion Egyptian pound ($655 million) sovereign investment fund will be …
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Egypt News
Planning Minister Calls for Egypt’s “Economic Revolution”
by Yomna Yasserby Yomna YasserEgypt needs an “economic revolution” to recover from damage caused by political instability as it seeks to …
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Electricity prices in Egypt have been hiked as the new government embarked on its program of subsidy …
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Egypt News
Egypt to Raise Electricity Prices Before Election –Minister
by Yomna Yasserby Yomna YasserEgypt plans to boost electricity prices for the richest 20 percent of its citizens before the presidential …
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Egypt’s economy grew 1.2 % in the first half of fiscal year 2013/14, the minister of planning …
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Egypt News
Egypt Has Spent 7 Bln of 29 Bln Pound Stimulus Package- Minister
by Yomna Yasserby Yomna YasserEgypt has spent 7 billion Egyptian pounds of a package of 29.7 billion intended to stimulate an …
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Financial Institutions
IMF Says Still Not Talking to Egypt’s Interim Government
by Yomna Yasserby Yomna YasserThe International Monetary Fund said on Thursday it will not engage in talks about a possible $4.8 …
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Egypt News
Egypt Economy Chiefs Vow to Ease Shortages, Cautious on Reform
by Yomna Yasserby Yomna YasserEconomic ministers in Egypt’s new military-backed government are pledging to ease shortages and make it easier for …
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Financial Institutions
New Egypt Minister Says No Need for IMF Aid Now
by Yomna Yasserby Yomna YasserAid from Arab states will carry Egypt through its transition period, and it does not need to restart …