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" outlook"

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Business - Economy
7/16/2024 6:53:51 PM
The International Monetary Fund has revised down its projection for Egypt’s real GDP growth by 0.3 percent in both the recently concluded FY2023/2024 and the current FY2024/2025 to 2.7 percent and 4.1 percent, respectively, according to an update to its World Economic Outlook (WEO) report released on Tuesday.

World - Africa
7/9/2024 12:30:40 PM
Moody's has downgraded Kenya's debt rating further into junk territory and warned the outlook was negative after a wave of protests led the government to abandon proposed tax hikes.

Al-Ahram Weekly - Opinion
6/25/2024 6:18:49 PM
Growing global economic fragmentation is exacerbating the debt crisis facing the developing world, writes Mahmoud Mohieldin in the second of two articles

Business - Economy
6/14/2024 2:47:48 PM
African Export-Import Bank (Afreximbank) launched its latest economic reports – African Trade Report 2024 and African Trade and Economic Outlook Report 2024 – at the Afreximbank Annual Meetings (AAM) 2024 held on Friday in Nassau, The Bahamas.

Opinion -
6/14/2024 2:44:03 PM
The task is immense, because Africa’s challenges are great. Nearly 500 million Africans live in poverty, while conflict, climate change, unsustainable debt burdens, and other crises cast a shadow over the continent’s economic outlook.

Al-Ahram Weekly - Egypt
6/6/2024 9:08:00 AM
Improving the economic outlook tops the new cabinet’s list of priorities.

Opinion -
5/21/2024 4:49:40 PM
PARIS/VANCOUVER – Today’s economic outlook is strangely contradictory. While global markets, led by technology and energy, have been ebullient over high short-term profits, the mood at the Spring Meetings of the World Bank and the International Monetary Fund last month was decidedly somber.

Business - Economy
5/19/2024 10:43:56 PM
Fitch Ratings has revised its outlook on four Egyptian banks to positive from stable, affirming their long-term issuer default ratings at B-, the US-based credit rating agency announced on Saturday.

Business - Economy
5/4/2024 6:47:00 PM
Fitch Ratings upgraded its outlook for Egypt's Long-Term Foreign-Currency Issuer (LFTC) to positive from stable while affirming its issuer default rating at B-, the credit rating agency announced in its report on Egypt on Friday.

Business - Economy
4/18/2024 1:40:23 PM
Major stock markets in Asia and Europe mostly rose Thursday with traders mulling the outlook for US interest rates as Federal Reserve officials questioned the need for a cut anytime soon.

Al-Ahram Weekly - Economy
3/19/2024 9:16:21 PM
World Bank and the European Union financing packages leave officials upbeat about the economy, writes Gamal Essam El-Din

Al-Ahram Weekly - Egypt
3/13/2024 10:14:00 PM
In a busy week Egypt floated the pound, signed an enhanced IMF deal, and received the thumbs up from international financial institutions, reports Al-Ahram Weekly.

Business - Economy
3/8/2024 2:16:58 PM
Credit-rating company Moody's Ratings (Moody's) has revised the outlook on Egypt to positive from negative amid game-changing economic measures, including the flotation of the Egyptian local currency and an increase in interest rates.

War on Gaza - War on Gaza
2/11/2024 6:15:31 PM
The Israeli war on Gaza has devastated the economies of both the embattled Gaza Strip and the occupied West Bank, the International Monetary Fund's chief said Sunday, adding that only "durable peace" would improve the outlook.

Business - Economy
2/8/2024 9:34:16 PM
Shares in shipping giant Maersk dived on Thursday after it warned of an uncertain 2024 earnings outlook linked to an oversupply of container vessels and Israel's war on Gaza that has seen Yemen Houthis launch an offensive on Israel-linked ships in the Red Sea to pressure Israel to halt its war on the Palestinians.

Business - Economy
2/1/2024 12:28:44 PM
The global economy is expected to grow by 3.1 percent in 2024 and edge slightly higher to 3.2 percent in 2025, with projections indicating a moderate growth trajectory and a gradual easing of inflationary pressures over the next couple of years, according to the International Monetary Fund’s 2024 World Economic Outlook Report.

Business - Economy
1/31/2024 2:50:16 PM
The Red Sea crisis will further elevate public sector gross financing needs for most emerging markets and middle-income countries in MENA, especially Egypt and Tunisia, stated the Regional Economic Outlook (REO) report on the Middle East and Central Asia.

Business - Economy
1/30/2024 3:06:10 PM
The International Monetary Fund (IMF) has downgraded its forecasts for Egypt’s real GDP growth in the current FY2023/2024 to three percent, down from the 3.6 percent it projected in October, according to the updated World Economic Outlook (WEO) report released on Tuesday.

Business - Economy
1/24/2024 2:36:33 PM
Global rating agency Moody’s has changed the future outlook for five major Egyptian state-owned and private banks from stable to negative, while maintaining their long-term deposit ratings at CAA1 and B3, according to a report by the agency on Tuesday.

Business - Economy
1/19/2024 4:32:33 PM
Egypt’s Ministry of Finance Mohamed Maait stressed that the latest decision of global rating agency Moody's that fixed the country’s sovereign’s credit rating at Caa1 and revised its future outlook to negative “did not take into account the government’s current efforts.”

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