China’s GPD expands by 4.8% in Q3
China’s economy grew by 4.8 per cent in the third quarter of 2025, matching forecasts but slowing from 5.2 per cent…
Browsing Tag
growth
IMF, Jordan reach staff-level agreement on economic reform reviews
The International Monetary Fund (IMF) has reached a staff-level agreement with Jordan on the fourth review under…
Egypt to expand health insurance to cover quarter of population in 2 years – PM
Egypt’s Universal Health Insurance System (UHIA) will cover more than 25 per cent of the population within the next…
IMF sees growth ahead for Algeria
Algeria's economy is set to grow in 2025, supported by a recovery in hydrocarbon output and stable inflation,…
Euro area growth expected to hit 0.8% – EU’s Gentiloni
The euro area is projected to achieve growth close to the European Commission's forecast of 0.8 per cent this year,…
EU-Ukraine trade grows in Q2
Trade between the European Union (EU) and Ukraine showed significant growth in the second quarter of 2024.
UK construction sector surges in July – PMI
The UK construction sector experienced accelerated growth in July, the S&P Global Construction PMI rose to 55.3…
Irish service sector growth slows in June – PMI
Growth in Ireland's service sector slowed slightly in June, causing a near standstill in job creation, according to…
China’s Jan-Feb 7% industrial output jumps, tops forecasts
China’s industrial output saw a year-on-year increase of 7.0 per cent in the first two months of 2024, surpassing…
AI boost Microsoft’s revenue, stock performance
Microsoft is anticipated to see a 15.8% increase in quarterly revenue, marking its highest growth in almost two…
Misr Emirates Takaful Life Insurance’s premiums rise 40% in FY2020
Egyptian Misr Emirates Takaful Life Insurance (Metlico) posted a 40 percent year-on-year growth in premiums to 149…
Snap’s shares increase 20% as COVID-19 spurs use, revenue growth beats Street
Snap Inc on Tuesday beat Wall Street estimates for quarterly revenue and user growth for its Snapchat app, as more…
Huawei Q1 revenue growth slows sharply amid U.S. ban, virus headwinds
Huawei Technologies’ revenue growth slowed sharply in the first quarter but the world’s top telecoms equipment…
Egypt posts 5.6% growth rate during H1 of 2019/20
Despite the continued slowdown in global growth, The Egyptian economy maintains steady growth rates of 5.6 percent…
China’s economic growth could fall 6% in 2020: IMF
China’s economic growth could moderate further in 2020, even though the global economy is likely to pick up pace,…
Uncertainty of the trade war is slowing global growth, says former Fed official
Uncertainty surrounding the U.S.-China trade war is hitting global growth, and that could be driving the slowdown…
Egypt sets 2022 GDP growth target of 8% – PM
Egypt has set its 2022 economic growth target at 8 percent, Prime Minister Mostafa Madbouly said on Sunday.
Egypt’s M2 money supply growth slows to 11.33% y-o-y in April
Egypt’s M2 money supply growth decreased in April to an annual 11.33% from 11.39% in March, data from the central…
Growth ‘may slow, but only slightly’ after U.S. restrictions: Huawei founder
Huawei Technologies’ founder and chief executive Ren Zhengfei said on Saturday the growth of the Chinese tech giant…
Egypt planning for 6% growth in FY2019/20: FinMin
Finance Minister Mohamed Maait said on Saturday that Egypt’s fiscal policy aims to raise economic growth rates to 6…
Economic growth projected to solidify in 2020, risk remains tilted to downside: IMFC
Global economic growth is projected to firm up in 2020, but risks remain tilted to the downside, according to a…
IMF sees Egypt’s GDP to grow 5.5% in 2019, 5.9% in 2020
The International Monetary Fund (IMF) on Tuesday forecast Egypt’s economy would grow 5.5 percent for 2019 -…
Egypt drugmaker Pharco’s Africa exports likely to rise 37% in 2019
Egypt’s Pharco Pharmaceuticals targets a 37 percent growth in its exports to the African markets to reach $11…
Kaspersky Lab announces 4% revenue growth to $726 million in 2018
Kaspersky Lab continued to deliver stable growth in 2018 and increased its global unaudited IFRS revenue to a total…
Egypt’s Faisal Islamic Bank business rises 13.3% in January
Faisal Islamic Bank of Egypt reported on Wednesday a 13.3 percent growth in its business volume to reach 95.77…
Egypt’s GDP rises 5.5% in three months
Egypt’s gross domestic product (GDP) went up by 5.5 percent during the October-December 2018 period from 5.3…
Dollar weaker on Fed’s dovish outlook; Aussie dollar, euro gain
Dollar fell versus its peers on Thursday after the Federal Reserve took a dovish turn at its latest policy meeting,…
China can no longer rely on real estate for growth
Chinese authorities face an ever-growing list of challenges, be it an ongoing trade fight with the U.S. or…
Dollar eases as focus shifts to Fed meeting; yen and Aussie dollar gain
Dollar eased versus most of its peers on Monday as investors turned their attention to this week’s Federal Reserve…
IMF’s Lagarde issues statement on Egyptian economic reform programme
Managing Director of the International Monetary Fund (IMF) Christine Lagarde issued a statement Friday on the…
IMF praises Egypt’s progress in economic reform programme
The First Deputy Director-General of the International Monetary Fund (IMF), David Lipton, hailed on Wednesday…
European markets close lower after China posts slowest growth in nearly three decades
European markets closed lower on Monday, after fresh data from China showed its economy grew at its slowest pace…
Gold prices near three-week lows as firmer dollar dents safe-haven appeal
Gold prices fell on Tuesday, hovering near three-week lows touched in the previous session, as a firmer dollar made…
Dollar firm near 2-week high, risk appetite unfazed by weak China GDP
The dollar held steady near a two-week high against a basket of currencies on Monday, as investor risk appetite…
OECD head praises Egypt’s economic reforms over 4Yrs
The head of the Organisation of Economic Co-operation and Development (OECD) Angel Gurría has hailed the economic…
5 states seize 37.9% of Egypt’s imports in first 10 months of 2018
Five countries captured 37.9 percent out of Egypt’s total imports to record $25.505 billion during the first ten…
Egypt’s economy to increase 6% in 2019: Beltone Financial
In an interview with Bloomberg’s Manus Cranny on Bloomberg Daybreak: Middle East, Nancy Fahmy, Beltone Financial…
Yen rises, Aussie slides as growth fears trigger foreign exchange ‘flash crash’
The yen soared versus its peers on Thursday, breaking through key technical support levels as heightened global…
Gold hits 6-month high on growth fears, stock volatility
Gold scaled a more than six-month peak on Thursday as worries about a global economic slowdown and volatility in…
Yen gains as growth concerns dampen risk appetite; Aussie stumbles
Safe-haven currencies such as yen rose against the dollar on Wednesday, as a cautious mood prevailed on the first…