Egypt Seeks to Allure Gulf Investments worth $30 bln – PM
Egypt’s Prime Minister Hazem El-Beblawi said Egypt is planning to allure Gulf investments amount to US$ 30 billion…
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economic growth
Banks allocate EGP200mln for slums development in 15 zones
Restoring stability ticket to regaining investor confidence Banks prove able to grapple with crises as Gulf aid…
Official: Egypt Government Plans to Bring up Growth Rates to 3.5%
Egyptian Minister of Planning Ashraf el-Araby said the government is planning to pump additional 24.5 billion…
El-Beblawi: IMF Chief’s Remarks Acknowledge Egypt’s Needs
Prime Minister Hazem El-Beblawi said that comments by International Monetary Fund Managing Director Christine…
Uncertain Future Economic Problems in Egypt
Politically, Egypt has embarked on a new path. Economically, little is likely to change; the country's problems are…
Hong Kong Bank System Outlook Cut by Moody’s on China Risk
The outlook for Hong Kong’s banking system was lowered to negative from stable at Moody’s Investors Service Inc. on…
El Zorba: Engineering, Food Industries Lead Egypt’s Economic Renaissance
Galal El Zorba, President of the Federation of Egyptian Industries (FEI), said Engineering Industries Sector and…
Mideast Oil Exporters’ Economic Growth To Accelerate In 2012-IMF
The Middle East and North Africa's oil exporting countries will see economic growth accelerate in 2012 to 6.6…
Egypt’s PM To Put Economic Focus On Growth, Deficit Cut
Egypt's new prime minister said on Sunday he was finalising an economic reform plan that would rein in hefty…
Saudi Letters Of Credit Up 24% As Economic Growth Spurs Demand
The value of letters of credit signed by lenders in Saudi Arabia surged 24 percent in the first six months of 2012…