Xinhua’s Top 10 world News Events In 2012
The following were the top 10 news events around the world in 2012 as selected by Xinhua (in chronological order):…
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GDP
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…
Mena Economy To Grow 3.6pc In 2013
The global economic outlook looks more downbeat as global economies struggle with low real GDP growth. However, the…
Safwan Thabet: President’s Visits Fruitful For Egyptian Economy
On the sidelines of Beltone's Annual Investment Conference, Eng. Safwan Thabet –the CEO of Juhayna Food Industries…
Egyptians Have To Work Hard To Shrink Budget Gap
Egypt revised its budget deficit for the 2011/12 fiscal year sharply higher and its finance minister told Egyptians…
Egypt’s Local Debt Rose To EGP 1.2 Trillion In FY 2011/12
Egypt’s local public debt rose by 19.6%, registering EGP 1.249 trillion in FY 2011/2012, up from EGP 1.044 trillion…
Egypt Revises Up 2011/12 Budget Deficit To 11 Pct Of GDP
Egypt revised up its budget deficit for the 2011/12 fiscal year to 11 percent of gross domestic product from an…
Egypt’s Interest Rates Unchanged On Falling Inflation, Rising GDP
The Central Bank of Egypt (CBE) has kept overnight deposit and lending rates unchanged at 9.25% and 10.25%…
Telecom Firms Earned SR 65 Billion In 2011
Saudi telecom companies earned SR 65 billion from their operations at the end of 2011 and realized an average…
Spanish Growth Contracts 0.4% In Second Quarter
Spanish gross domestic product contracted 0.4% in the second quarter, versus the prior quarter, according to…