Search Result
" GDP"

516 results

Business - Economy
12/4/2023 3:29:52 PM
Egypt’s budget deficit rose to 3.85 percent of GDP during the first quarter (July-September) of FY 2023/2024, up from 2.05 percent in the corresponding quarter in FY 2022/ 2023.

Business - Economy
11/29/2023 10:31:51 PM
African Development Bank (AfDB) downgraded its forecast of the growth rate of the gross domestic product (GDP) of Africa for 2023 and 2024 to 3.4 percent and 3.8 percent, respectively, from 4.0 percent and 4.3 percent.

Business - Economy
11/16/2023 10:42:04 AM
The Egyptian government increased investments in the agriculture and irrigation sector by 71 percent year-on-year (YoY) to EGP 116.6 billion ($3.77 billion) for the fiscal year (FY) 2023/2024, according to a report by the Ministry of Planning and Economic Development on Wednesday.

Business - Economy
11/13/2023 5:40:00 PM
Egypt’s total budget deficit reached 3.2 percent of GDP or more than EGP 383 billion ($12.4 billion) during the first two months (July and August) of FY2023/2024, according to the Ministry of Finance’s monthly report.

Business - Economy
11/13/2023 3:09:42 PM
The Central Bank of Egypt (CBE) auctioned $1.61 billion USD-denominated treasury bills (T-bills) on Monday, reported the CBE website.

Business - Economy
11/6/2023 7:18:27 PM
S&P Global Ratings agency has raised concerns over the significant impact that the Israeli war on Gaza is expected to have on foreign tourism in Egypt, Jordan, and Lebanon.

Business - Economy
11/1/2023 5:09:44 PM
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) is scheduled to hold its penultimate meeting for 2023 on Thursday to review key interest rates amid the latest economic developments on the local and global fronts.

Business - Economy
10/16/2023 10:04:56 PM
The Israeli economy is set to lose more than $8 billion, or 1.5 percent of its $537 billion gross domestic product (GDP), due to its war on Gaza, according to Modi Shafrir, the chief strategist at the Tel Aviv-based Bank Hapoalim.

Business - Economy
10/11/2023 5:02:29 PM
Egypt has seen tremendous growth in the agricultural sector over the past 60 years. The sector contributes nearly 11 percent of GDP and 18 percent of export earnings. It also employs 20 percent of the total workforce.

Business - Economy
10/11/2023 12:04:14 PM
Egypt’s gross debt-to-GDP ratio is projected to be 92.7 percent in 2023, the highest among the emerging markets and the middle-income economies, the International Monetary Fund (IMF) said on Wednesday.

Al-Ahram Weekly - Opinion
10/10/2023 5:19:36 PM
Should the informal economy in the developing countries be left to its own devices or should it be integrated into the formal economy to reflect its role in the GDP, increase tax revenues and social security coverage, asks Mahmoud Mohieldin

Business - Economy
10/10/2023 1:46:15 PM
The International Monetary Fund (IMF) has raised its projections for Egypt’s real GDP growth in 2023 to 4.2 percent, up from the 3.7 percent it expected in July, according to the World Economic Outlook (WEO) report issued by the fund on Tuesday.

Business - Economy
10/5/2023 10:46:13 PM
The World Bank has revised up its forecasts for Egypt’s real GDP growth in 2023 to 4.2 percent from 4 percent, according to the bank’s latest MENA economic update released on Thursday.

Business - Economy
9/20/2023 10:31:05 PM
Egypt has increased its economic growth rate target for the fiscal year (FY) 2023/2024 to 4.4 percent from the previously targeted 4.1 percent, said Hossam Heiba, CEO of the General Authority for Investment and Free Zones (GAFI), on Wednesday.

Business - Economy
9/13/2023 4:14:38 PM
The global debt to GDP ratio fell by 10 percent in 2022 to 238 percent from its 2021 level, yet total debt amounted to $235 trillion, $200 billion above the 2021 level, according to the International Monetary Fund on Wednesday.

Business - Economy
9/13/2023 2:07:38 PM
The Egyptian Ministry of Trade and Industry issued 7,200 licences for industrial projects in 2022, Trade Minister Ahmed Samir stated on Wednesday.

Business - Economy
9/7/2023 5:37:26 PM
The Egyptian government seeks to collect $1.5 billion in external financing before the end of 2023, Minister of Finance Mohamed Maait stated on Thursday.

World - War in Ukraine
9/5/2023 7:19:59 PM
Poland's president said Tuesday the EU member plans to spend more than four percent of its gross domestic product on defense next year amid security concerns over the war in neighboring Ukraine.

Al-Ahram Weekly - Opinion
8/30/2023 11:19:00 PM
BRICS’ invitation to Egypt to join the increasingly influential economic bloc last week is definitely a positive step that should be warmly welcomed.

Business - Economy
8/30/2023 5:17:46 PM
Economic growth in the United States was weaker than first estimated for the April to June period, the Commerce Department said Wednesday, noting downward revisions in business investment.

Prev 1 2 3 4 5 6 7 8 9 10 Next >> Last