IDSC
Egypt is preparing to launch two applications in July as part of efforts to curb price inconsistencies, enabling users to view and report commodity prices, according to a cabinet statement
IDSC's data revealed that China emerged as Egypt's most significant trading partner, with a trade exchange volume of $3.4 billion during Q4 of 2023.
The government’s 2030 strategy included driving inflation down to 9.2 percent on average between 2024 and 2028, with a further decline to 5 percent by 2030
The project considers macroeconomic trends, as well as trends at the level of the economic and social sectors that support the renaissance of the Egyptian state.
In its quarterly non-oil merchandise exports report, the IDSC reported an increase of 10.4 percent in non-oil exports during the July-September period to reach $8.5 billion compared to the $7.7 billion recorded in Q3 2022
The IDSC stressed the importance of governance, transparency, and regulation of markets, with the goal of fostering competitiveness in the Egyptian economy
The IDSC pointed out that BRICS is a global economic bloc whose concept of establishment was initiated in 2006.
In another report released by UNCTAD, Egypt came first in the volume of flows of foreign investment into the African continent in 2022, hitting 25%, followed by South Africa and Ethiopia.
The global production of jasmine is approximately 14 tons, with Egypt producing about 7 tons.
The Cabinet’s Information and Decision Support Center (IDSC), in an infographic report Sunday, pointed out that Egypt signed 160 agreements with emerging firms in 2022.
Egypt ranked 21st out of 50 countries, registering 5.06 points compared to 5.0 points in 2022.
Three global companies started to produce mobile phones in the country at total investments of LE 2 billion and an annual production capacity of 20 million phones, the center said.
The center said that many developments took place in 2022 in spite of the international crises that cast a shadow on various economies.
Egypt’s Information and Decision Support Center (IDSC) said Monday that Egypt's population is expected to reach 160 million by 2050.
Egypt has placed education quality among its priorities since 2014 as it embarked on improving education services.
The Cabinet's Information and Decision Support Center (IDSC) said that Egypt is the first investment destination for Arab sovereign funds in 2022, foremost among which are the Saudi and Emirati investments.
The unfolding crisis in Ukraine has roiled commodity markets and posed threat to global food security, the IDSC added.
According to APICORP’s report mentioned by the Egyptian Cabinet’s Information and Decision Support Center’s (IDSC), the value of energy projects in Egypt, including those planned or being implemented, during the period until 2026 total around $100 billion.
The Cabinet's Information and Decision Support Center said Monday Egypt tops a list of Arab countries in the production of wind power and solar energy, with highest 3.5 GW capacity.
The infographic highlights data in the report of the UN Conference on Trade and Development (UNCTAD) on FDI in Egypt, issued in June 2022 .
