Featured Russia’s GDP growth revised up to 4.7% for H1 ’24 Aya El Sayed Oct 3, 2024 0 Russia’s GDP growth estimate for the first half of 2024 has been revised upward from 4.6 per cent to 4.7 per cent,…
International News Euro area GDP growth stable in Q2 ’24 Aya El Sayed Aug 14, 2024 0 Euro area GDP increased by 0.3 per cent in the second quarter of 2024, seasonally adjusted, matching the growth…
Featured UK property prices increase 2.7% over year to June ’24 Aya El Sayed Aug 14, 2024 0 UK house prices grew by 2.7 per cent to £288,000 ($369,923) in the year to June 2024, unchanged from the revised…
Featured Euro area GDP grows 0.3% in Q2 Aya El Sayed Jul 30, 2024 0 The euro area economy exceeded expectations in the second quarter, with GDP growing 0.3 per cent compared to the…
Featured France’s GDP growth beats expectations Aya El Sayed Jul 30, 2024 0 France's economy grew by 0.3 per cent in the second quarter of 2024, matching the revised growth rate of the first…
Featured Taiwanese Apple,Nvidia supplier forecasts 10% revenue growth Aya Anwar May 23, 2024 0 Taiwanese TSMC, a key supplier to Apple and Nvidia, projected a 10 per cent annual revenue growth for the global…
Tech/AI Egypt’s economy achieves highest growth rate in 11 years: Cabinet Amwal Al Ghad English Feb 16, 2020 0 Egypt's cabinet said that Egypt has achieved the highest economic growth rate in 11 years.
Money Egypt’s FY20 growth rate to hit 5.5% due to strong fiscal reforms: World Bank Amwal Al Ghad English Oct 15, 2019 0 Egypt's strong reforms on the financial and energy fronts can help its growth rate reach 5.5 percent within the…
Industry & Trade Egypt’s economy hits its highest growth rate in decade: minister Amwal Al Ghad English Apr 8, 2019 0 Egypt's economy hit its highest growth rate in a decade to record 5.5 percent, because of the economic reform…
Financial Institutions Egypt’s likely to post 7% growth rate in FY2021/22: ministry Amwal Al Ghad English Feb 12, 2019 0 Egypt is expected to achieve a growth rate by seven percent within the financial year 2021/2022, up from…
Featured Egypt’s communications sector makes 16.4% up in Q2-FY2019 Amwal Al Ghad English Feb 3, 2019 0 Egypt's communications and information technology sector witnessed a growth rate of 16.4 percent during the second…
Featured Initial budget surplus hits $1.1bn in H1-FY2019: Egypt’s FinMin Amwal Al Ghad English Jan 22, 2019 0 Egypt achieved an initial budget surplus worth 20.8 billion Egyptian pounds ($1.1 billion) during the first half of…
Featured Egypt targets GDP growth rate of 10% in FY2029/30: minister Amwal Al Ghad English Nov 1, 2018 0 Egypt's Planning Minister Hala El-Saeed has said that the government seeks to achieve a gross domestic product…
Real Estate Egypt’s Tabarak Holding posts 350 mln pounds contractual sales in Q1-2018 Yomna Yasser Apr 3, 2018 0 Egypt-based real estate investment firm Tabarak Holding Group has achieved contractual sales of 350 million…
Egypt News Egypt’s draft budget expects 5.8% growth rate, decreased budget deficit Yomna Yasser Mar 31, 2018 0 Prime Minister Sherif Ismail received on Wednesday the draft budget for the 2018/19 fiscal year, and said in a…
Industry & Trade Growth rate in Egypt increases to 5.3% during Q2: Minister aya salah Feb 14, 2018 0 The growth rate of the second quarter (Q2) of fiscal year 2017/2018 increased to 5.3 percent, compared to 5.2…
Banks Egypt’s M2 money supply up 40.48% year-on year in October: CBE Yomna Yasser Nov 30, 2017 0 Egypt's M2 money supply was up 40.48 percent at the end of October from a year earlier, central bank data showed on…
Financial Institutions Egypt targets 5.5% growth rate in FY2018/19: deputy FinMin Yomna Yasser Apr 15, 2017 0 Egypt’s government is targeting a growth rate of 4.8 percent for the 2017-18 financial year and 5.5 percent for the…
Egypt News Real growth rate expected to decline to 3.7%: CFA institute Noha Gad Feb 28, 2016 0 Chartered Financial Analyst (CFA) institute expected a decline in real growth rate during fiscal year 2015/2016 to…
Egypt News Egypt seeks growth rate of 7% by end of FY 2018-19: minister Yomna Yasser Jan 30, 2016 0 Egypt is targeting a GDP growth of up to 7 percent by the end of the financial year 2018-2019, investment minister…
Financial Institutions IMF Mission says Egypt has ‘Good’ Plan to reduce Budget Deficit Yomna Yasser Apr 20, 2015 0 Egypt has a good plan to reduce the budget deficit that should be carried out in parallel with working on boosting…
Industry & Trade Growth Rate Expected By FY2014/2015-End At 3.8%: Planning Minister Amwal Al Ghad English Nov 19, 2014 0 The targeted growth rate by the end of the current fiscal year of 3.5% will hopefully be surpassed to reach 3.8%,…
Financial Institutions Mohandes Insurance-Egypt Eyes EGP200mn Premiums by June Salma Ayman Aug 12, 2014 0 Managing Director at Mohandes Insurance and property Company said his company eyes boosting its premiums volume to…
Financial Institutions Egyptian Takaful Insurance’s Investments May up EGP280mn by June-End Salma Ayman Jun 9, 2014 0 The total expected investments of Egyptian Takaful Insurance Company (Property) will reach up EGP280 million by the…
Egypt News Egypt’s Planning: 3.2% Targeted Growth, EGP212b Private, Foreign Investments Salma Ayman May 29, 2014 0 Dr. Ashraf Al-Araby, Egyptian Planning Minister said the social and economic development plan for 2014/2015 eyes…
Industry & Trade Citadel’s Heikal Bullish on Egypt’s Return to Growth Yomna Yasser Dec 7, 2013 0 Citadel Capital’s Founder and Chairman Ahmed Heikal said in a key note interview at the Egypt/GCC Investment Forum…
Industry & Trade Egypt’s Exports to Brazil Climb 53% In Q1 of 2013 Administrator May 7, 2013 0 The Egyptian exports to Brazil recorded EGP 313 million during the first quarter of 2013, at 53% growth rate,…
Industry & Trade Egypt’s Exports of Rice Records Historic Growth, Attaining EGP1.5 bln Administrator Mar 7, 2013 0 In January 2013 Egypt's exports of rice achieved the biggest growth rate in the history of the agricultural crops…
Egypt News Egypt’s Investment Minister: Govt Plans To Achieve 4% Growth Rate Yomna Yasser Dec 25, 2012 0 Egypt's Investment Minister Osama Saleh asserted that the government's plan to reactivate the economy includes…
Tech news Slight Decline in Mobile Subscribers, with Prevalence Rate of 111.6 % Administrator Aug 2, 2012 0 The number of mobile subscribers in Egypt reached 91.35 million by the end of last May, with a prevalence rate of…