Browsing: Egypt

Rising to 38% in September 2023, consumer price inflation is running across the streets in Egypt amidst growing economic uncertainties

The Central Bank of Egypt left its key overnight deposit rate unchanged at 19.25%, leaving the key .

Egypt’s Ministry of Petroleum announced on Tuesday a new oil discovery in the Geisum and Tawila West concession in the Gulf of the Suez.

In a bid to reduce fiscal pressures, Egypt has signed contracts to sell stakes in state assets worth a total of $1.9 billion

In its latest release, the S&P Global Egypt purchasing manager index (PMI) edged up to 49.1 in June

Fitch Downgrades Egypt to ‘B’ with Negative Outlook Fitch Ratings has downgraded Egypt’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR)…

Egypt has joined Africa Finance Corporation, the continent’s leading infrastructure solutions provider …

For foreign currency attraction, Ballon d’Or will apparently go to Egypt (with a GDP Size of $404.15 billion in 2021)

Africa’s growth remains uneven, with East Africa out-pacing the rest of the continent; the continent grew 3.8% in 2018, with Sub-Saharan Africa rising somewhat slower, at 2.6%; FDI into Africa remains small by global standards, but prominent in relation to GDP; The US and Western Europe remain Africa’s largest investors; FDI flows to the most diversified, business friendly economies.