Similarly, the International Monetary Fund (IMF) hiked its forecast for Egypt’s GDP growth in FY2025/26 to 4.5%, instead of its July estimate of 4.1% ...

Egypt's economy is forecast to grow 4.6% in the fiscal year to next June as inflation and interest rates continue to fall and ...

Waiters and deliverymen receive tips. But so do receptionists, government clerks and hospital nurses. And with Egypt stuck in an economic crisis, even the cost of tipping is inflating.

The survey of 16 economists forecasts GDP growth rising further to 4.9% in 2026/27 and 5.3% in 2027/28, marking a steady ...

The Egyptian central bank cut its overnight rates by 200 basis points, its third reduction this year, amid easing inflation and higher economic growth. The bank set the overnight deposit and lending ...

CAIRO (Reuters) -The Central Bank of Egypt is expected to lower its overnight interest rates by 100 basis points on Thursday as inflation continues to abate, a Reuters poll showed. The median forecast ...

Speaking during a webinar, Moubarak said the upward revision reflects a recovery in investment activity and a smaller drag in ...

Egypt’s credit profile reflects a balance between its large and diversified economy, solid growth potential, and strong ...

CAIRO, Sept 6 (Reuters) - Headline inflation in Egypt is expected to surge to a new record high in August after having broken records in both June and July, a Reuters poll showed on Tuesday, with ...

Egypt and the European Union are holding their first summit in Brussels. Leaders will discuss on Wednesday security, trade, ...

Poor Egyptians scrap genuine gold for imitation jewellery, but those who have money acquire a large volume of it to protect ...