IMF slashes global growth forecast as China, falling oil prices weigh
The International Monetary Fund cut its global growth forecasts for the third time in less than a year Tuesday,…
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growth
Asia gains as China stocks surge on stimulus hopes
Asian stocks were mostly higher Tuesday as Shanghai stocks surged after data pointing to slower Chinese economic…
Al Baraka Bank Egypt says targets 20% growth in customer deposits
Al Baraka Bank Egypt, part of the Bahraini Al Baraka Group, is targeting a 20 percent growth in customers’ deposits…
China will find it tough to achieve over 6.5 percent growth over 2016-2020
China will face great difficulty in achieving economic growth above 6.5 percent over the 2016-2020 period due to…
Egypt’s pharmaceutical market reaches $4.5bn as annual consumption grows 15%
Egyptian pharmaceuticals market is worth around 35 billion Egyptian pounds (US$4.46 billion), Chairman of…
Global growth will be disappointing in 2016: IMF’s Lagarde
Global economic growth will be "disappointing" next year, the head of the International Monetary Fund said in a…
Asia drops as weak oil widens growth worries, euro bullish
Asian stocks slipped on Thursday as weak oil prices continued to feed global growth worries, while the euro held…
Egypt aims for GDP growth of 5.5 percent for FY 2015-2016
Egypt is targeting GDP growth of 5.5 percent for the fiscal year 2015/2016, which ends in June, planning minister…
Egypt construction industry sees boom time – experts
Egypt's construction industry is witnessing a significant revival. The value of project accomplished by private…
U.S. GDP growth raised for Q3
The U.S. economy grew at a healthier clip in the third quarter than initially thought, but strong inventory…