Egypt’s balance of payments recorded a deficit of $8.6 billion during the fiscal year of 2019/2020, compared to $102.5 million during the fiscal year of 2018/2019, according to the Central Bank of Egypt (CBE). CBE noted in a report that the current...اقرأ المزيد
Planning Minister Hala el Saeed said the confidence of several international institutions in the efficiency of the Egyptian economic performance is attributed to the stability it has witnessed after putting into effect the 2016 social and economic reform...اقرأ المزيد
“Egypt is vulnerable to external shocks, and its open to global market, for example, the global oil price affects Egypt, the work force abroad and many other factors,” Senior Economist at the World Bank Hoda Youssef said during Euromoney conference. Youssef...اقرأ المزيد
Prime Minister Mostafa Madbouli lauded on Tuesday the United Nations Conference on Trade and Development (UNCTAD)’s report that included promising data about the Egyptian economy. The premier said the report asserts that Egypt is on the right track...اقرأ المزيد
In an interview with Bloomberg’s Manus Cranny on “Bloomberg Daybreak: Middle East”, Nancy Fahmy, Beltone Financial sector head for financial services, revealed that their studies show that Egypt’s economy will grow 6 percent in 2019. The expert...اقرأ المزيد