Saudi sovereign wealth fund in talks to acquire Egypt’s United Bank for $600 million
Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF) is in advanced talks to acquire Egypt’s…
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Egypt’s economy
Egypt’s economy records 4.4% growth during Q1 –minister
Egypt achieved high economic growth recording 4.4 percent during the first quarter of the current fiscal year, said…
AfDB OKs $160 mln Banque Misr loan to boost private sector participation in Egypt’s…
The African Development Bank’s (AfDB) board has approved on Monday a $160 million loan to Banque Misr to finance…
IMF projects Egypt’s economy will grow 4.4% in 2023
The International Monetary Fund (IMF) has revised its growth forecast for Egypt’s economy to 4.4 percent for 2023…
Egypt’s economic conference to take place on Oct. 23-25: PM
Under the directives of Egypt’s President Abdel Fattah al-Sisi, a new economic conference will take place on…
Fitch Solutions raises Egypt’s 2022 real GDP growth forecast to 6.23%
Fitch Solutions has on Sunday revised for the third consecutive month its projections for Egypt’s real GDP growth…
IMF keeps Egypt’s real GDP growth forecast for 2022, but sees slower later
The International Monetary Fund (IMF) has estimated Egypt’s real GDP growth in 2022 at 5.9 percent, the same as…
Egypt’s economy to grow steadily over next three years – Reuters poll
Egypt's economy is expected to grow fairly steadily over the next three years, with inflation gradually falling…
Sisi expects: Egypt’s economy to rise 5.5% this year
President Abdel Fattah al-Sisi stated on Friday that the government expects Egypt’s economy to rose 5.5 percent…
Egypt cuts 2022 GDP forecast to 5.7% due to Ukraine war – minister
Egypt has lowered its GDP forecast in 2022 to around 5.7 percent from 6.4 percent due to the effects of Russia’s…
