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IMF expects Egypt's growth rate to increase by 5.3 pct by end of 2019
Date: 2017-10-11 07:23:52 GMT - Egypt - Egypt - SN:1 - ID:7033561
The International Monetary Fund (IMF) expected Egypt's growth rate to increase by 5.3 percent and the inflation rate to decline by 13.5 percent by the end of 2019. In its World Economic Outlook report issued on Tuesday, the IMF anticipated an ....
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Sisi instructs government to continue implementing economic reform plan
Date: 2017-10-10 17:28:55 GMT - Egypt - Egypt - SN:28 - ID:7033208
President Abdel Fattah El Sisi instructed Tuesday the government to continue implementing the economic and social reform plans aimed at reducing deficit and debt rates in the state budget for the 2017-2018 fiscal year. Sisi issued these ....
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Egypt's annual inflation rate slumps to 33.26 pct in September: CBE
Date: 2017-10-10 17:26:47 GMT - Egypt - Economy - SN:27 - ID:7033178
Egypt's annual inflation rate recorded 33.26 percent in September, down from 34.86 percent in August, the Central Bank of Egypt (CBE) said in a Tuesday statement. The CBE noted that the monthly inflation rate declined to 0.19 percent in ....
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Nation's Future Party calls on Sisi to run for 2nd presidential term
Date: 2017-10-10 17:26:19 GMT - Egypt - Egypt - SN:26 - ID:7033170
Nation's Future Party decided Tuesday to join “Alashan Tabneeha” (To Build It) campaign calling for President Abdel Fattah El Sisi to run for a second presidential term in office. The party announced the opening of a number of offices in various ....
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Finance min. heads for Washington to attend IMF, WBG annual meeting
Date: 2017-10-10 16:27:18 GMT - Egypt - Economy - SN:25 - ID:7033107
Finance Minister Amr el Garhy is due to leave Wednesday for Washington, leading a high-level delegation to the annual meeting of the International Monetary Fund (IMF) and the World Bank Group (WBG). Minister Garhy is to meet a number of IMF ....
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Egypt, Saudi Arabia to launch industrial coop. strategy: Qabil
Date: 2017-10-10 16:11:41 GMT - Egypt - Egypt - SN:24 - ID:7033081
Trade Minister Tarek Qabil said on Tuesday that coordination is underway between Egyptian and Saudi governments to formulate a joint industrial cooperation strategy aiming at achieving integration between the industrial sectors of the two ....
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AOE chief urges industrial integration in Egypt
Date: 2017-10-10 15:54:54 GMT - Egypt - Egypt - SN:23 - ID:7033053
Board chairman of the Arab Organization for Industrialization (AOI) Abdel Aziz Seif El Din has asserted that the coming phase requires industrial and technological integration among all industrial establishments in Egypt. In press statements on ....
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House Speaker dissatisfied with gov. performance
Date: 2017-10-10 15:54:32 GMT - Egypt - Egypt - SN:22 - ID:7033048
Speaker of the House of Representatives Ali Abdel Aal has called for activating the role of the government from the constitutional point of view. During a session on Tuesday to debate the pharmaceutical companies' monopoly of the medicine market ....
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Selection of new UNESCO director general should be based on expertise, says higher education minister
Date: 2017-10-10 15:32:18 GMT - France - Egypt - SN:21 - ID:7032990
Minister of Higher Education and Scientific Research Khaled Abdel Ghaffar said Tuesday that Egypt hopes the United Nations Educational, Scientific and Cultural Organization's (UNESCO) selection criteria of its new director general is based on ....
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NBE ranked 1st among African banks in marketing joint loans: Bloomberg
Date: 2017-10-10 15:18:55 GMT - Egypt - Economy - SN:20 - ID:7032963
Bloomberg has classified the National Bank of Egypt (NBE) as the best among Egyptian and African banks in marketing and arranging joint loans and financing projects during the first three quarters of 2017. The market share of the NBE hit 16.6 ....
