growth

World Bank cites reduced Suez Canal traffic and tourism for 2.8% growth forecast for FY2023/2024

Wed, 12 Jun 2024 - 10:58 GMT

For the coming fiscal year, the WB affirmed its previous forecast, predicting a 4.2 percent growth rate for FY2024/2025, while estimating a slight bump for FY2025/2026 to 4.6 percent

Report: Egypt aims to achieve 4.1% economic growth rate during 2023/2024

Tue, 27 Feb 2024 - 12:14 GMT

The report explained that the target unemployment rate for the year of the plan is between 7.3% - 7.6%, while the target is to achieve an inflation rate of 16%.

Does time really heal all wounds?

Tue, 23 Jan 2024 - 04:39 GMT

You sit back and wonder, does it actually heal wounds or is it just a cliché sentence that everybody says? Well, it does and it doesn't at the same time but how?

10 Things You Should Forgive Yourself For

Wed, 03 Jan 2024 - 03:08 GMT

No human among us is exempt from making mistakes, no matter how wise, old, or experienced in life. Now, how we deal with these mistakes is what makes all the difference.

Egypt's social development plan aims to reduce population growth by 1.64%

Thu, 08 Jun 2023 - 07:39 GMT

The parliamentary report indicates that the development plan aims to increase the percentage of beneficiaries from the health insurance system, and contain the inflation rate so that it declines to 16 percent in 2023/2024.

World Bank expects Egypt's GDP to grow 4% in 2023, 2024

Thu, 06 Apr 2023 - 03:51 GMT

The World Bank elaborated that Egypt's forecast reflects the expectation that its competitiveness might be increased due to the recent depreciation of the Egyptian pound.

State keen to grant private sector 'appropriate' opportunities for growth: Planning min.

Wed, 25 Jan 2023 - 05:01 GMT

During the meeting, the minister was briefed on the detailed explanation of the Tarboul Industrial City, which is built on a total area of 109 million square meters.

Egyptian economy to record 5% economic growth by end of 2022

Tue, 06 Dec 2022 - 03:50 GMT

The minister underscored that the average growth rate in 2021 recorded 7.1 percent.

'Overpopulation will eat away at the country': Egypt's President Sisi

Thu, 01 Dec 2022 - 12:24 GMT

The president's statement came during the inauguration of New Mansoura City.

7 Uncomfortable Signs You Are on the Right Path

Tue, 11 Jan 2022 - 03:47 GMT

we confuse discomfort with unhappiness, little do we know that sometimes, discomfort is an indicator to bigger things coming, change for a better, and a journey in the right path.

EBRD expects Egypt's growth to reach 4.9% in 2021/22

Thu, 04 Nov 2021 - 02:46 GMT

The bank stated that growth in Egypt slowed from 3.6 percent to 3.3 percent in the fiscal year ending June 2021.

Egypt targets 5.4% growth in FY2021/2022 in tandem with containing pandemic

Mon, 31 May 2021 - 12:05 GMT

The pandemic is expected to be contained by mid-2021 as a result of discovering vaccines and making them available.

10 figures from Egypt's promising economic plan in 2021/2022 surpassing expected growth

Thu, 27 May 2021 - 10:23 GMT

The economic and social plan of 2021/2022 by the minister of planning outlines promising figures as part of the medium-term sustainable development (2018/2019-2021/2022).

Public investments in FY2020/2021 focuses on human capital, digitalization: Egypt's planning minister

Tue, 18 May 2021 - 01:05 GMT

The success of economic reforms contributed to mitigating the effects of the Corona pandemic: Says Hala El-Said

IMF raises MENA growth forecast to 4%

Sun, 18 Apr 2021 - 01:14 GMT

Real GDP in the MENA region is now expected to grow 4 percent in 2021, up from the fund’s October projection of 3.2 percent.

Health ministry reveals decline in net population growth in Egypt

Sun, 07 Feb 2021 - 11:22 GMT

Spokesperson of the Ministry of Health and Population Khaled Megahed revealed Sunday that the net growth of population per 1,000 individuals dropped.

Egypt welcomes positive perception of economic growth by Moody's, S&P Global

Tue, 02 Feb 2021 - 10:00 GMT

The perception of international institutions is still positive towards the Egyptian economy, minister of planning highlights.

IMF raises forecast for Egypt's economic growth in FY2020/21

Fri, 22 Jan 2021 - 12:46 GMT

IMF also praised Egypt's proactive and targeted response to the economic repercussions of the Coronavirus.

ESCWA, Standard Chartered Bank speculate rebound for Egypt's economic growth in 2021

Thu, 21 Jan 2021 - 02:55 GMT

Five sectors will majorly contribute in such improvement.

Egypt aims for economic diversification, agility: minister

Mon, 14 Dec 2020 - 03:39 GMT

In her speech, El-Said reviewed the development experience of Egypt in recent years and the efforts of the Egyptian state to achieve economic reform,

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