Egyptian Economy
Famed Egyptian Singer Ahmed Saad Donates 50000 USD To Support Egyptian Economy.
Egypt’s Cabinet has announced issuing a research project that includes the proposed strategic orientations for the Egyptian economy during the third presidential term of President Abdel Fattah El-Sisi, spanning 2024 to 2030.
President Abdel Fattah El-Sisi has directed to continue enhancing project implementation efficiency, aiming to improve the indicators of the general budget and reduce the overall budget deficit.
The International Monetary Fund (IMF) raised its forecast for the growth of the Egyptian economy to 6.6 percent in the current fiscal year, according to its World Economic Outlook released Tuesday.
The Egyptian economy has “proven itself” in the face of challenges in such flexibility that it achieved a 1.46 percent primary surplus of GDP during the fiscal year 2021/2022, according to the Cabinet.
Overlooking the Great Pyramids of Giza this year is the return of RiseUp Summit, bringing back its signature gathering of entrepreneurial spirit and ideas.
Standard & Poor's credit rating agency has kept the sovereign rating of the Egyptian economy at the level of B / B in the long-term and short-term, while maintaining a stable outlook. Below are six figures that indicate how the Egyptian economy will continue to improve in the coming period.
The Egyptian economy has overcome the crisis of Covid-19, passing the test of its economic reform, according to a study by the Egyptian Center for Strategic Studies.
Egypt's portfolio flows are recovering, with reported net inflows of more than $9 billion between June and October—following more than $15 billion in outflows during March/April— reflecting attractive domestic yields with 90-day T-bills at around 13.5 percent, International Monetary Fund (IMF) said Thursday.
The IMF staff team and the Egyptian authorities have reached a staff-level agreement on the first review of Egypt’s economic program supported by the IMF’s $5.2 billion Stand-by Arrangement
Finance Minister Mohamed Maait said the Egyptian economy managed to maintain resiliency in the face of the fallout of the coronavirus due to the historic economic reforms over the past few years.
Maeet said the report affirms that partial closure Egypt had imposed in light of the coronavirus crisis has spared Egypt further harm to economy.
Many parliament members said that this increase restores much confidence in the Egyptian economy and encourages investments.
Amr Nassar, Egypt's minister of trade and industry, is set to attend the ceremony on behalf of Prime Minister Mostafa Madbouly.
EFG Hermes, a leading financial services with over 880 employees in seven countries, said Monday the Egyptian economy is going to be more coherent and competitive among emerging markets in 2019
“Aman has changed our lives ... We now feel safer and more at ease; I know that if something were to happen to me, my kids would be alright."
The International Monetary Fund’s (IMF) mission in Egypt expressed Wednesday positive views on the Egyptian economy performance.
Vietnamese president’s visit reflects the cooperation between the two countries in investment and trade sectors.
“Hiring a freelancer is akin to screening all possible future employees for a period of time, without any of the commitment; no contract, taxes, insurance.”
35 percent of the workforce is expected to become freelancers and independent contractors by 2020.
