Economy

Egypt recorded a growth rate of 5.7 percent during the fourth quarter (Q4) of fiscal year 2018/2019, Prime Minister Mostafa Madbouli stated during the Cabinet Weekly meeting.
Egypt achieves growth rate of 5.7% in Q4 of 2018/19
Egypt's Minister of Investment and Cooperation Sahar Nasr launched on Monday the second phase of Egypt’s investment plan.
Egypt launches second phase of investment plan, offering offers 2,000 investment opportunities
European Bank for Reconstruction and Development (EBRD) -logo
EBRD invests in 50 Egyptian projects with $5 B since 2012
Egypt's Ministry of Finance
Australian Ambassador hails Egypt's budget, positive indicator
gypt achieved a primary budget surplus of LE 36 billion, a positive leap that has not been achieved in many years, all credited to the public financial tuning efforts, fixing imbalances, reducing differences between income and expenses
Egypt economy achieves breakthrough, budget surplus doubles 500%
World Bank’s board of directors approved Wednesday an additional $500 million fund to support Egypt’s ongoing efforts in expanding and improving social safety nets, Minister of Investment and International Cooperation Sahar Nasr stated on Thursday.
World Bank approves $500M fund to support Egypt's efforts in social safety nets
The Central Bank of Egypt
Cabinet media center highlights positive change in foreign media coverage of Egypt economy
Egypt latest economic reform program launched in 2016, was a much-needed brave endeavor, developed by home-grown economic team, approved by political leadership
Opinion - Throwback 2013: Yes, Egypt’s economy is fundamentally improving and here is why
Egypt pumped three billion Egyptian pounds ($176.4 million) into a number of development projects located in Sinai governorate, Investment Minister Sahar Nasr said on Monday.
Egypt invests $176.4 M in Sinai’s development projects
The International Monetary Fund (IMF)
Egypt expected to receive 6th tranche of IMF worth $2 B in July 2019
The World Bank Group (WBG)
WBG president, Egypt's investment minister meet 30 women of micro-sized projects in Aswan
Ministry of Finance
Egypt targets to raise economic growth rate to 8 percent in 2021/22
Central Bank of Egypt (CBE)
US investment fund to buy Egypt’s United Bank in 3 months
Moody's Investors Service (Moody's) upgraded the long-term foreign and local currency issuer ratings of the Government of Egypt to B2 from B3, and changed its outlook to stable from positive.
Moody's raises Egypt's rating to B2 with stable outlook
World Bank
I look forward to working closely with President Sisi: WB President
American Chamber of Commerce hailed on Saturday Egypt’s economic reform and the measures taken to improve the investment environment.
American Chamber of Commerce hails Egypt's economic reforms
Egypt and the U.S. have long been amicable partners along open channels of diplomatic relations, mutual security interests, bilateral trade ties, and development aid.
Egypt is important economic partner to the United States
The International Monetary Fund (IMF)
IMF :Egypt's debt to decline to 74% of GDP by 2022/2023
Egypt's economy has accomplished its highest growth rate within a decade to reach 5.5 percent
Egypt's economic growth reaches 5.5%, highest in decade
The Global Innovation Index (GII)
Egypt Climbs 10 Spots On Global Innovation Index 2019
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