U.S. financial institution Goldman Sachs has forecast that Egypt’s real GDP growth will accelerate to 4.9% from July 2024 to 2025. This is a slightly higher figure than the IMF reported recently suggesting growth would be around 4.7%. The Goldman Sachs report also suggested a positive outlook for the country’s inflation and interest rates, expecting interest payments to decline steadily over the long term. The report further noted that the total debt-to-GDP ratio will see a significant decline in the coming 2 fiscal years.
In a recent local Egyptian television interview with Foreign Minister Badr Abdelatty, he stated that “Egypt had utilized all peaceful
At an inaugural meeting in Niamey, Niger launched its Consultative Council for Refoundation (CCR) as part of a political transition
As part of a trip by leading Saudi financiers and government representatives, to both Mauritania and Morocco, the forum, which
Egypt’s Agiba Petroleum Company, a joint venture between EGPC and Italy’s Eni, has discovered a new oil field,
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