Money Microfinance portfolio contributes less than 1% of Egypt’s GDP – official Amwal Al Ghad English Jul 13, 2020 0 Microfinance portfolio in Egypt recorded 26 billion Egyptian pounds ($1.6 billion) that is under 1 percent of the…
Tech/AI Egypt eyes 4% economic growth, records lowest GDP loss globally – minister Amwal Al Ghad English Jun 17, 2020 0 Egypt’s economic growth is expected to reach four percent in 2020 with a GDP loss estimated at 105 billion pounds…
Money Egypt’s domestic debt hikes to more than 4 trillion pounds – c.bank Ahmed Ali Jun 16, 2020 0 Egypt’s domestic debt rose to 4.354 trillion pounds ($269.1 billion) at the end of 2019, around 69.5 percent of the…
Feature Egypt’s economy grows 5% in first quarter, misses government target due to coronavirus Hesham Ibrahim May 21, 2020 0 Egypt’s economy grew 5 percent in the first quarter, official data showed on Wednesday, lower than the government’s…
Feature Egypt increases allocations for healthcare, education sectors in new draft budget Amwal Al Ghad English Apr 14, 2020 0 Egypt's Finance Minister said the financial year 2020/2021 draft budget includes a package of procedures to secure…
Money JPMorgan sees US economy shrink by 40% in Q2, unemployment 20% Amwal Al Ghad English Apr 11, 2020 0 JPMorgan is now foreseeing a 40% decline in US gross domestic product for the second quarter and a surge in April’s…
Feature Egypt’s expected to see 5.8% 2020 GDP growth: UN report Amwal Al Ghad English Jan 18, 2020 0 Egypt is enjoying relatively strong GDP growth, estimated at 5.5 percent for 2019 and projected to be 5.8 percent…
Money Egypt’s real GDP to rise to 5.9%, up to 6% in 2022: World Bank Amwal Al Ghad English Jan 13, 2020 0 The World Bank expects that Egypt's real GDP growth will reach 5.9 percent in 2020, up from 5.7 percent in 2018,…
Feature Oil and gas make up 44% of Egypt’s FDIs – minister Mahmoud Shaaban Sep 14, 2019 0 Oil and natural gas industry is one of the biggest sectors in Egypt, making up 44 percent of the foreign direct…
Feature MCIT seeks to contribute 9 % in the GDP by FY2020 Amwal Al Ghad English Sep 9, 2019 0 Communication and Information Technology sector seeks to contribute the country’s growth domestic product by 9…