Egypt’s tourism revenues climb 170% in first seven months of 2017
Egypt’s tourism revenues climbed 170 percent in the first seven months of 2017, reaching $3.5 billion, a government…
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Egyptian economy
Soaring inflation in Egypt hits food, drinks companies’ profits
Egypt’s growing interest rates and soaring inflation have hit second-quarter profits at some of the country’s food…
Egypt to issue $2-4 bln in USD-denominated eurobonds in Q1 2018
Egypt will issue between $2 billion and $4 billion in dollar-denominated eurobonds in the first quarter of 2018,…
EU reiterates support for Egypt
The European Union said on Monday it is firmly committed to continue supporting Egypt in addressing current…
Largarde praises Egypt’s measures on economic reforms
The head of the International Monetary Fund (IMF) Christine Lagarde has praised Egypt's reform measures, saying…
Hotels in Cairo thrive on the back of Egypt’s economic resurgence
Hotels in Cairo recorded a 42.4 percent year-on-year rise in profit per room this month as the city’s hoteliers…
Fitch says Egypt banks’ foreign currency liquidity to improve as transfer cap ends
Egypt's removal of foreign-currency (FC) transfer limits will help to restore confidence in the economy and attract…
Egypt’s economy grows 4.3% in Q3-FY2016/17: minister
Egypt’s GDP grew 4.3 percent during the third quarter of the current financial year 2016/2017, Minister of Planning…
World Bank forecasts Egypt’s GDP growth to hit 5.3% in 2019
Egypt's gross domestic product is projected to grow 5.3 percent by 2019, suggesting the economy of the most…
World Bank, IFC delegation to visit Egypt next week: minister
A senior delegation of the World Bank Group and the International Finance Corporation (IFC) will visit Egypt next…
