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Finance news

IMF forecasts Egypt’s economy to record 2.8% growth in FY 2020/21

Egypt's economy was heavily effected by coronavirus pandemic, which took it's toll on tourism, and worker remittances, yet it avoided contraction.

2020 Egypt economy contracts 1.1%, but 6.1% recovery projected in 2021

Under a pessimistic scenario, the country’s economy saw an estimated contraction of 2.1% in 2020, to be followed by 7.5% growth in 2021.

Upturn targets $51.19mln in sales at Egypt's Centric Business District development

The development is set to comprise six phases, and encompass a total of 110 units, once completed.

Exchange rate liberalisation proves economic boon

Four years have passed since the Central Bank of Egypt (CBE) took a bold decision to liberalise the exchange rate on 3 November 2016.

Moody's rating reflects confidence on Egypt's economy: Finance Min.

The economic reform program provided a measure of resilience to the Egyptian economy that enables it to interact with internal and external challenges

Finance Events

Intersolar Europe in Munich 22.06.2026

Watrex 23.06.2026

Big 5 Construct Egypt 23.06.2026

MENA Lighting Expo 22.08.2026

Pharmaconex 01.09.2026

Egypt Projects 05.09.2026

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