The Egyptian government has approved the budget for financial year 2018/2019, aiming at GDP growth of 5.8 …
GDP
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Financial Institutions
Egyptian external debt may exceed $87.5 bln on Eurobond sale
by Yomna Yasserby Yomna YasserEgypt’s external debt could surpass $87.5 billion now, on the back of issuing Eurobonds, according to a recent report …
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World
Europe ends sharply higher amid earnings, as investors shake off US inflation data
by Yomna Yasserby Yomna YasserEuropean stocks were near session highs at Wednesday’s close, as investors shrugged off concerns surrounding U.S. inflation …
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Banks
Egypt’s foreign debt rose to $80.8 bln in Q1-FY2017/18: c.bank
by Yomna Yasserby Yomna YasserThe Central Bank of Egypt (CBE) revealed Wednesday that the country’s foreign debt jumped to $80.8 billion …
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FeatureFinancial Institutions
Egypt targets 8% economic growth by next years: FinMin
by nada nasserby nada nasserEgypt seeks to achieve economic growth rate between six and eight percent within the upcoming few years, …
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Financial Institutions
Egypt’s external debt reaches $79 bln at end-2017: FinMin
by Yomna Yasserby Yomna YasserEgypt’s Finance Minister stated Tuesday that the external debt reached $79 billion at the end of 2017, …
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Financial Institutions
Moody’s expects growth in Egypt to accelerate to around 5% in 2019
by Yomna Yasserby Yomna YasserMoody’s expects Egypt’s GDP growth to accelerate to around 5 percent by 2019 and 5.5 percent by …
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Real Estate
Egypt’s real estate sector contributes 15% to GDP in first 9 months of 2017
by Yomna Yasserby Yomna YasserEgypt’s real estate sector contributed 15 percent to the country’s gross domestic product (GDP) within the first …
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Banks
World Bank says Egypt’s GDP growth projected to hit 4.5% in FY2018
by Yomna Yasserby Yomna YasserEgypt’s gross domestic product is projected to grow to 4.9 percent by 2018, suggesting ongoing reforms and …
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The U.S. economy surged at its fastest pace in more than two years during the third quarter, …