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Economics/Financial Analysis News in Egypt

Economic Group Reviews Providing Basic Commodities
9/24/2013 - The economic group, under Prime Minister Hazem el-Beblawi, reviewed a report of the supply minister on the measures taken by the ministry to provide all kinds of commodities and meats in preparation o...
Egypt to Become among Major 20 Economies in 2020
11/2/2013 - Talal Abu-Ghazaleh, the chairman and founder of the international Jordan-based Talal Abu-Ghazaleh Organization (TAG-Org), expected Egypt to be among the world's 20 major economies in by 2020 despite t...
Mansour Reviews Urgent Plan to Revive Egypt Economy
11/11/2013 - Egyptian President Adly Mansour reviewed an urgent plan aimed at reviving the national economy in the coming period which includes pumping additional funds of 24.5 billion pounds to be directed so as ...
Ahmed Galal Preview Future Opportunities of Egyptian Economy in Davos Forum
1/22/2014 - Finance Minister Ahmed Galal participates in the World Economic Forum Annual Meeting 2014 to be held in Dowos, Switzerland, as part of an Egyptian delegation led by Premier Hazem el-Beblawy.

...
Egypt to Revise all Economic Legislation
1/30/2014 - The Egyptian economy started to rebound and the government will start soon to revise all legislations, which regulate the economic activities in Egypt, said Trade and Industry Minister Mounir Fakhri A...
Cabinet Urges Press Institutions to Present Accurate Info Concerning Economy
2/4/2014 - Cabinet urged press institutions especially the national ones to be more accurate in reports concerning the economy to avoid confusion and frustration at the current stage.

In a press relea...
‘IDSC’: Consumer Confidence in Economy up 11.9% in January
2/10/2014 - Consumer Confidence Index rose in January 2014 compared to the previous month, according to data released on 9/2/2014 from the Cabinet's Information and Decision Support Centre (IDSC).

The...
PM Underlines Cooperation with OIC’s Economic, Banking Organizations
3/11/2014 - Prime Minister Ibrahim Mehleb stressed on 10/3/2014 the importance of promoting cooperation between Egypt and the economic and banking organizations affiliated with the Organization of Islamic Coopera...
Egyptian Government to Complete Economic Plan, Double its value
3/12/2014 - Trade, Industry and Investment Minister Mounir Fakhry Abdel Nour said that new government has laid out an ambitious policy to complete the economic stimulation plan launched in November.

He...
Egyptian Government Acting to Reduce Budget Deficit to Maximum of 12%
3/22/2014 - The Egyptian government is acting to reduce the budget deficit to a maximum of 12 percent on June 30, 2014, Planning Minister Ashraf el-Arabi has said.

The government is seeking to reduce t...
Ibrahim Mahlab Attends Loan Agreements Signing
3/25/2014 - Prime Minister Ibrahim Mahlab attended the signing of a number of loan agreements on funding projects in the electricity sector and small and medium-sized enterprises.

The agreements were s...
USD 2.4 billion from Arab Fund for Economic and Social Development
3/28/2014 - Minister of Planning and International Cooperation Dr. Ashraf el-Araby revealed the existence of an international cooperation portfolio with the Arab Fund for Economic and Social Development (AFESD) w...
Egypt’s Total Budget Deficit Down by 6% of GDP in 8 Months
3/28/2014 - Egypt’s total budget deficit went down by 6% of the country's gross domestic product (GDP) from July to February of the FY 2013/14, the finance ministry revealed.

According to the ministry'...
Egypt to Rebuild Trust with IMF after Presidential Poll
4/15/2014 - Minister of Finance Hani Qadri said on 15/4/2014 that the government works on rebuilding trust in the Egyptian economy through the creation of institutional infrastructure that soundly manages the cou...
Egypt’s Economy Strong, Well-Established, will Flourish Again
5/12/2014 - Egypt's economic structure is strong and well-established and it will be flourished again depending on human resources and its basic elements, said IMF executive director for the Arab region Abdel-Sha...
Egyptian Gov’t Refers Biggest State Budget to Presidency
5/27/2014 - The Cabinet referred on 26/5/2014 the 2014/2015 State budget bill to President Adly Mansour for ratification.

Minister of Finance Hani Qadri said under the new budget bill, public spending ...
Economic Ministerial Group Tackles Exchange Market Situation
6/6/2014 - The economic ministerial group, chaired by Prime Minister Ibrahim Mahlab, reviewed on 05/06/2014 the current situation concerning exchange market in Egypt.

Hisham Ramez, Governor of the Cen...
Munir Fakhry: Improving National Economy High Priority
6/18/2014 - Minister of Industry, Trade and Small- and Medium-sized Enterprises Munir Fakhry Abdel Nour said on 18/6/2014 that improving the national economy is a high priority for his ministry during the coming ...
New Budget to Benefit Poor, Lower-Income Brackets
7/1/2014 - Finance Minister Hani Qadri also said the current economic situation needs a radical change that embraces a holistic approach in managing the national economy.

"Resources available should b...
Commencement of Economic Reform
7/1/2014 - Finance Minister Hani Qadri said that the difficult stage the Egyptian economy is currently undergoing imposes on this generation immense responsibilities and the burden of executing a hard economic r...

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