Economy & Trade

Core inflation recorded 0.1% in September 2018

Core inflation recorded 0.1% in September 2018

*This article was originally published on egypttoday.com, please see the original story here.   CAIRO – 10 October 2018: The Central Bank of Egypt (CBE) said that Egypt’s annual core inflation rate declined to 8.55 percent in September 2018 from 8.83 percent in August 2018, according to a report.   On a monthly basis, core […]

The positive outlook also reflects the strong links between the banks and the government of Egypt: Moody

The positive outlook also reflects the strong links between the banks and the government of Egypt: Moody

*This article was originally published on egypttoday.com, please see the original story here.   CAIRO – 10 October 2018: Moody’s Investors Service upgraded its outlook of the Egyptian banking system to positive from stable.   Moody’s said this outlook has come as economic growth picks up, supporting credit growth, banks’ profitability and internal capital generation. […]

Egypt’s Roadmap to Energy Security

Egypt’s Roadmap to Energy Security

With its vast natural resources, Egypt is taking major steps towards diversifying its energy production and becoming energy self-sufficient. Three projects in particular represent the future of Egyptian energy.

Egyptian Women Cabinet Members Make History

Egyptian Women Cabinet Members Make History

As a result of the most recent government reshuffle, Egypt has more female cabinet ministers than ever before. These six women are experts in their portfolios, role models, and are positioned to make pivotal changes in their country. Here we highlight some of the things that make them inspiring figures in government. Sahar Nasr, Minister […]

Recent Reforms in Egypt’s Natural Gas Market

Recent Reforms in Egypt’s Natural Gas Market

While for a time Egypt was reliant on natural gas imports to fulfill the ever-growing energy needs of domestic business, Egypt is now on track to leverage its gas windfall to not only to meet the country’s growing demands but return to its previous status as a gas exporter. Egypt’s largest producing field, Nooros, has […]

Egypt in the Headlines: 3 Recent Insights from Experts

Egypt in the Headlines: 3 Recent Insights from Experts

August heralds an exciting month for Egypt as the country moves forward to strengthen itself both internally and externally. Experts around the world have come to recognize the country’s steps towards fortifying its partnerships with other nations, improving investor confidence, and taking steps to achieve energy self-sufficiency. Below are some brief thoughts from experts who […]

Inside Egypt’s New Economy: The Cairo “Cargotecture” Startup Poised to Rebuild the Middle East

Inside Egypt’s New Economy: The Cairo “Cargotecture” Startup Poised to Rebuild the Middle East

A container ship passes through the Suez Canal. Shipping crates could be the next form of sustainable housing in Egypt. A year ago, a Cairo farmer tending to his crops in Beni Suef would have to end his day with a grueling, two-hour drive home from the agricultural hub to the industrial center. Today? It’s […]

Highlights of Egypt’s New Investment Law

Highlights of Egypt’s New Investment Law

Egypt’s parliament has passed a new investment law designed to promote sustainable growth and complement other structural economic reforms that have been implemented, such as liberalization of the foreign exchange system, adoption of a comprehensive value added tax (VAT) systems, and gradual reduction of energy subsidies. President Sisi ratified the law on June 1, which […]

IMF Issues Strong Review of Egypt’s Economic Progress

IMF Issues Strong Review of Egypt’s Economic Progress

After the first review of Egypt’s economic reform program, Egyptian authorities and the International Monetary Fund (IMF) reached a staff-level agreement that will help unlock the second installment of a $12 billion loan. “This agreement is a vote of confidence by the IMF staff in the continued implementation of the Egyptian authorities’ program,” said Chris […]

Egypt’s Economy: Ministers Offer Their Strategy and Outlook

Egypt’s Economy: Ministers Offer Their Strategy and Outlook

Egypt’s economy is improving in 2017 and the outlook for growth and investment is favorable. As a market of 90 million consumers located in the heart of the Middle East and North Africa, Egypt offers a variety of trade and investment opportunities for international business. The government’s economic strategy is to put in place a […]

Load More