GDP Growth

S&P Global expects GDP growth to record 4% in FY2023/2024

Sun, 22 Oct 2023 - 02:19 GMT

S&P highlighted the government’s decision to stop projects with significant FX costs or are at a completion rate of 50 percent or less, noting that it expected this to reduce related imports and support the country’s external position

Petroleum Minister speeds up sector development strategy

Mon, 10 Jul 2017 - 12:28 GMT

Minister of Petroleum Tarek El-Molla stressed it is important to rapidly implement this strategy to support economic growth.

Deutsche Bank gives Egypt’s economy ‘positive’ outlook

Wed, 07 Jun 2017 - 06:00 GMT

Global financial service provider Deutsche Bank has a positive near-term outlook for Egypt on strengthening the economy.