Egypt’s economy grows 5% in first quarter, misses government target due to coronavirus
Egypt’s economy grew 5 percent in the first quarter, official data showed on Wednesday, lower than the government’s…
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hala al-saeed
Egypt says requested standby funding from IMF to help businesses through coronavirus
The standby loan request Egypt has made to the International Monetary Fund (IMF) to help it through the coronavirus…
Egypt launches initiative countering coronavirus economic implications
Egypt’s Ministry of Planning launched on Tuesday Misr Hat’aady (Egypt will pass) initiative to encourage the…
Egypt’s economy seen slowing to 2% in 2020-21 if coronavirus persists till Dec. – minister
Egypt's economy was set to grow 3.5 percent in the financial year 2020-21 which starts in July, but growth could…
Egypt’s tourism revenues likely to fall by $5 billion due to coronavirus – minister
Egypt’s tourism revenues are set to record around $11 billion, down from previous estimates of $16 billion, for the…
Egypt’s economic growth likely to slow to 4.5% in Q3 due to coronavirus
Egypt expects economic growth to slow to 4.5 percent in the third quarter and to 1 percent in the last three…
Coronavirus drives Egypt to slash FY 2019-2020 GDP growth target to 5.1% – minister
Egypt has cut its GDP growth target for the current financial year 2019-20 to 5.1 percent from 5.6 percent due to…
Egypt’s unemployment rate drops to 8% in Q4 2019 – minister
Egypt’s unemployment rate dropped to 8 percent in the fourth quarter of 2019, the country’s planning minister Hala…
Egypt’s government to relocate to new capital within a year – minister
Egyptian government is poised to relocate to the country’s anticipated new administrative capital within a year,…
Public investments in Egypt record $87.4 bln in four years – minister
Egypt pumped total public investments worth around 1.5 trillion Egyptian pounds ($87.4 billion) during the last…
