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Egypt Country Update - 2013-05-21
- Country news
- 2 days ago
- by Al Bawaba Ltd.
The consumer price inflation is projected to reach 10.9 % by the end of the 2013 fiscal year , climb to 11.6 % in 2014 as the Egyptian government implements subsidy cuts, as reported by International Monetary Fund's Regional Economic Outlook Update for the Middle East , Central Asia. "Inflation is expected to rise in Egypt , Jordan , Morocco , , Tunisia , reflecting rec...
- Countries : Egypt
Inflation In Egypt Expected To Rise By 10.9% This Year [daily News Egypt]
- Country news
- 2 days ago
- by Al Bawaba Ltd.
Inflation in Egypt is projected to climb to 10.9 % by the end of 2013 fiscal year, the highest level since 2010 (AFP Photo) Inflation in Egypt is projected to climb to 10.9 % by the end of 2013 fiscal year, the highest level since 2010, the International Monetary Fund (IMF) reported yesterday. “Inflation is expected to rise in Egypt , Jordan , Morocco , , Tunisia , reflecti...
- Countries : Egypt
Food Insecurity In Egypt On The Rise Since 2009 [al-ahram Gate (egypt)]
- Country news
- 2 days ago
- by Al Bawaba Ltd.
The World Food Programme (WFP) in Egypt released a report on Tuesday showing that 17 % of Egypt's population, an estimated 13.7 million people, suffered from food insecurity in 2011, compared to 14 % in 2009. as reported by the joint report by the World Food Programme, the International Food Policy Research Institute (IFPRI) , CAPMAS, an Egyptian state-run statistics body, a s...
- Countries : Egypt
Egyptian Pound Slumps To Seven Against Us Dollar [daily News Egypt]
- Country news
- 4 days ago
- by Al Bawaba Ltd.
The value of the Egyptian pound reached EGP 7 against the US dollar at commercial banks in Egypt (AFP Photo) The value of the Egyptian pound reached EGP 7 against the US dollar at commercial banks in Egypt . Following the official continued devaluation of Egypt's currency, the US dollar black Industry exchange rate soared to between EGP 8.05 to 8.25. The fall in the value of the...
- Countries : Egypt
Dearth Of Consumer Confidence In First Quarter [daily News Egypt]
- Country news
- 5 days ago
- by Al Bawaba Ltd.
Consumer confidence in Egypt declined 20 index points to reach a score of 74 in the Q1 of fiscal year (FY) 2013-2014 when compared to last quarter of FY 2012-2013, as reported by Nielsen Global Survey of Consumer Confidence (AFP Photo / Gianluigi Guercia ) In a survey of 58 regions, in the Q1 of fiscal year (FY) 2013-2014 consumer confidence in Egypt declined 20 ...
- Countries : Egypt
Egypt 'suffering Worst Economic Crisis Since 1930s'
- Country news
- 6 days ago
- by Guardian
Egypt is suffering its worst economic crisis since the Great Depression, the region's former finance minister , 1 of its leading economists have both warned. In terms of its devastating effect on Egypt's poorest, the region's current economic predicament is at its most dire since the 1930s, Galal Amin , professor of economics at the American University in Cairo , , Samir Radw...
- Countries : Egypt
Country In Its Worst Crisis Since The Great Depression Food Prices Soar As Weak Pound Lifts Import Costs
- Country news
- 6 days ago
- by Guardian
Egypt is suffering its worst economic crisis since the Great Depression, a former finance minister of the region , 1 of its leading economists have warned. In its devastating effect on the poor, Egypt's economic predicament is at its most dire since the 1930s, Galal Amin , professor of economics at the American University in Cairo , , Samir Radwan , finance minister in the month...
- Countries : Egypt
Egypt Country Update - 2013-05-16
- Country news
- 6 days ago
- by Economist Intelligence Unit
Data , charts: Quarterly data 2011 2012 1 Qtr 2 Qtr 3 Qtr 4 Qtr 1 Qtr 2 Qtr 3 Qtr 4 Qtr Output Real GDP at 2011/12 prices (E£ bn) 349.3 379.3 402.1 393.6 369.5 394.7 412.4 402.2 Real GDP ( % change, year on year) -2.3 1.6 1.1 4.3 5.8 4.1 2.6 2.2 Prices ...
- Countries : Egypt
Egypt Country Update - 2013-05-16
- Country news
- 6 days ago
- by Economist Intelligence Unit
Egypt : region outlook FROM THE ECONOMIST INTELLIGENCE UNIT POLITICAL STABILITY: Political uncertainty will remain high, particularly in the early part of the forecast period, as the president, Mohammed Morsi , , the Muslim Brotherhood clash with non-Islamists over the direction of policy. A move in November by Mr Morsi to extend his already substantial powers , in effect place h...
- Countries : Egypt
Egypt Country Update - 2013-05-16
- Country news
- 6 days ago
- by Economist Intelligence Unit
region forecast overview: Highlights Political uncertainty will persist in the early part of the forecast period as Islamists , non-Islamists clash over the direction of policy. The political situation could stabilise from 2014 once key institutions are in place, but there is potential for ongoing popular unrest , political bickering. The election to the House of Representatives (the...
- Countries : Egypt
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