Egypt News Egypt’s Budget Deficit Inches up to EGP123.6 billion in February Yomna Yasser Mar 27, 2014 0 Egypt’s budget deficit rose by around 4.2 billion Egyptian pounds ($603.2 million) during February 2014, the…
Egypt News Egypt Sees 2-2.5% Economic Growth This Year Yomna Yasser Mar 12, 2014 0 Egypt is expected to witness economic growth rates ranging between 2–2.5% within the current fiscal year, said…
International News U.S. GDP Revised Down, But Hints Of Economic Thaw Emerge Amwal Al Ghad English Mar 1, 2014 0 The U.S. government slashed its estimate for fourth-quarter economic growth on Friday in the latest sign of a loss…
Banks World Bank: Egypt’s FY14 Inflation Rates to Remain Higher at 10.2% Yomna Yasser Feb 20, 2014 0 Egypt’s inflation rates will remain high at about 10.2% in the fiscal year 2013/2014 due to high food prices, lower…
Egypt News Egypt Narrows Budget Deficit to 89.4 bln Pounds in H1 of Fiscal Year Yomna Yasser Feb 3, 2014 0 Egypt's budget deficit was 89.4 billion Egyptian pounds ($12.84 billion) or 4.4 percent of economic output in the…
Egypt News Egypt’s Budget Deficit Hits $10.8 bln in Jul-Oct 2013; Report Yomna Yasser Dec 10, 2013 0 Egypt’s budget deficit registered EGP 74.5 billion ($10.8 billion) in the first four months of the current fiscal…
Banks Egypt Central Bank Keeps Rates on Hold Amid Sluggish Growth Yomna Yasser Nov 2, 2013 0 Egypt's Central Bank (CBE) kept its interest rates on hold as expected on Thursday, as the government strives to…
Financial Institutions Official: Egypt Government Plans to Bring up Growth Rates to 3.5% Yomna Yasser Oct 21, 2013 0 Egyptian Minister of Planning Ashraf el-Araby said the government is planning to pump additional 24.5 billion…
Egypt News Egypt’s Rank Slides to 118th in 2013/14 Global Competitiveness Yomna Yasser Oct 2, 2013 0 Egypt’s rank in the 2013-2014 Global Competitiveness Index (GCI) slid to 118th position (out of 148 countries) from…
Tech news Exclusive: Mobiles Contribute Significantly to GDP Growth Yomna Yasser Sep 26, 2013 0 Berlin, 26 September 2013: A new study published by the Vodafone Institute for Society and Communications shows the…