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…
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growth
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…