News Global debt sees first annual drop in 8 years Yassmine Elbehnaihy Feb 26, 2023 0 Global economy’s debt has its first annual drop in dollar terms since 2015, in light of the post-pandemic recovery…
Money Fitch Solutions raises Egypt’s real GDP growth forecast to 5.6% for 2022 Nada Ali May 16, 2022 0 Fitch Solutions raised on Sunday its forecast for Egypt’s real Gross domestic product growth (GDP) by 0.1 percent…
Money Egypt’s economy seen growing in FY2021/22 as rebound continues – Reuters poll Amwal Al Ghad English Jul 27, 2021 0 Egypt’s economy is expected to grow 5.0 percent in the financial year 2021-2022 that ends in June next year, a…
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…
Featured 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…
Featured 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…
Featured 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…