Economy

Chairwoman of the Egyptian Union for Microfinance Mona Zou al-Faqar told press on Tuesday that the number of microfinance recipients grew by 11.8 percent to record 3.5 million in 2019
Microfinance records 47% growth in 2019
The total trade exchange between Egypt and the countries of the world during the first eleven months of 2019 hit about $5.34 billion
Total trade exchange bet Egypt, World countries hit $5.3B in 11 months: CAPMAS
CPI Financial praised Sunday the Egyptian economy and the reforms and measures taken in the country throughout the previous period.
UAE-based CPI financial praises Egyptian economy, measures taken in last period
sisi
Egypt's Macroeconomic Reforms Successfully Corrected The Country's Economy: CPI
Swiss Federal Councillor Guy Parmelin, head of Switzerland’s Federal Department of Economic Affairs, Education and Research, will conduct an economic mission to Cairo from 2-5 February.
High-level Swiss delegation visits Egypt for 3 days
Chief of the Swiss Federal Department of Economic Affairs, Education & Research Guy Parmelin is in Cairo for talks with Egyptian officials on means of boosting economic relations between the two countries.
Swiss official in Cairo to discuss economic cooperation
Minister of International Cooperation Rania El Mashat praised on Thursday relations with the United States, especially in the economic domains.
Economic partnership with US "strategic": Egypt's Min.
World Economic Forum kicked off Tuesday in the Swiss city Davos, with the participation of the Egyptian Minister of International Cooperation Rania al-Mashat.
Egypt participates in World Economic forum in Davos
Egypt is enjoying relatively strong growth, estimated at 5.5 percent for 2019 and projected at 5.8 percent in 2020
Egypt enjoys strong growth owing to robust recovery of domestic demand: UN
Egypt's Ministry of International Cooperation has started making preparations for a visit of a high-level delegation comprising executive directors of the World Bank to Egypt in January.
Egypt prepares to a visit from high-level WB delegation
Egypt's economic reform program contributed to solving the problems that the country suffered from, as it helped save LE 650 billion to solve the electricity problem, Minister of Finance Mohamed Ma’it said Monday.
Egypt's economic reform program saves LE 650B to solve electricity problem
economy
Sahar Nasr: Africa 2019 promotes investment opportunities in continent
Egypt's Ministry of Finance issued the rules, bases and assumptions for preparing the draft law of the general budget for fiscal year 2020/2021.
Finance Ministry states priorities of 2020/21 draft budget
Egypt's Ministry of Finance announced that the country returns back to the international bond market through auctioning $2 billion in bonds in three tranches, according to the Ministry of Finance.
Egypt returns back to int'l market by auctioning $2 billion in bonds
Egypt's Prime Minister announced in a business Forum on Monday that the country seeks to increase industrial growth rate to 10.7 percent by 2022, as the government continues to embark on a 2018 implemented action plan to boost the sector.
Egypt seeks to increase industrial growth rate to 10.7% in 2020
The major German companies pay big attention to invest in Egypt especially after the economic reform measures taken recently that has made the country more attractive to foreign investments, Head of the international vocational training program at the Ge
German companies seek to invest in Egypt: GIZ official
Egypt has led the Middle Eastern and North African countries in the World Bank’s index for rights of shareholders trading in the stock market, Chairman of the Egyptian Financial Regulatory Authority (FRA) Mohamed Omran said Saturday.
FRA: Egypt leads MENA in World Bank index for shareholders’ equity
Egyptian President Abdel Fattah al-Sisi held a meeting with the prime minister and ministers of planning and finance on Saturday to check the progress of economic indicators, the Presidency said in a statement.
Egypt's Sisi follows up progress of economic indicators
Egyptian Finance Minister Mohamed Maait has been named as the best finance minister in the Middle East and North Africa for 2019 by GlobalMarkets, the Finance Ministry said in a statement on Monday.
Egypt's finance minister named as the best in MENA, North Africa in 2019: GlobalMarkets
Egypt declared joining the World Bank's Global Infrastructure Program, that has funded 77 projects in 40 countries worth up to $69 billion over the past four years, according to Ministry of Investment.
Egypt joins World Bank's Global Infrastructure Program to fund 77 projects in 40 countries
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