WB expects Egypt's growth rate to increase by 4.5%
Cairo - MENA
The World Bank (WB) expected Egypt's economy to achieve a growth rate of 4.5 percent in the 2017/2018 fiscal year.
In its Middle East and North Africa Economic Monitor report, the World Bank expected the growth rate to hit 5.3% in 2019, the same percentage expected by the International Monetary Fund in its World Economic Outlook report issued on Tuesday.
The bank further expected Egypt's inflation rate to slump to 23.3%, 22.1% and 14% in 2017, 2018 and 2019 respectively.
The WB report was issued on the sidelines of the meetings of the International Monetary Fund and the World Bank, which kicked off in Washington earlier on Tuesday and will end on Sunday.
Representing Egypt at the meetings are Governor of the Central Bank of Egypt Tareq Amer, Minister of Investment and International Cooperation Sahar Nasr and Finance Minister Amr el Garhy.
- Sunday ,09 December GMT 12:33 2018 Egypt's decision to adjust customs' duties on luxury goods to benefit economy
- Wednesday ,05 December GMT 21:03 2018 Bahrain's economic delegation concludes successful India visit
- Thursday ,29 November GMT 20:20 2018 Japan funds project to enhance water quality project in Palestinian town
- Wednesday ,28 November GMT 09:50 2018 Egypt, Saudi Arabia to strengthen economic ties in coming phase
GMT 19:07 2018 Friday ,14 December
Lebanese PM flags up Saudi investment potential, financial tiesGMT 21:16 2018 Thursday ,13 December
Egypt, Algeria sign MoU to increase trade exchangeGMT 12:33 2018 Sunday ,09 December
Egypt's decision to adjust customs' duties on luxury goods to benefit economyGMT 21:03 2018 Wednesday ,05 December
Bahrain's economic delegation concludes successful India visitGMT 10:58 2018 Sunday ,02 December
Egypt’s total public investments record EGP 72 bln in Q1GMT 14:23 2018 Friday ,30 November
Saudi Arabia pledges $50 million to UNRWAGMT 20:20 2018 Thursday ,29 November
Japan funds project to enhance water quality project in Palestinian townGMT 09:50 2018 Wednesday ,28 November
Egypt, Saudi Arabia to strengthen economic ties in coming phase
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 21:49 2017 Thursday ,06 April
HH Deputy Emir Meets CEO of Occidental Petroleum Corporation
GMT 03:53 2017 Sunday ,23 April
UN, Russia set for Syria meet without US
GMT 17:13 2016 Tuesday ,29 November
French vote: Far-right bashes frontrunner Fillon
GMT 11:50 2016 Friday ,22 January
NATO 'discussing' use of AWACS in anti-Daesh operations
GMT 14:55 2017 Friday ,28 April
Sharjah Children's Reading Festival highlights poetry role
GMT 03:24 2017 Friday ,17 November
Commander-in-Chief of AD Police, French Ambassador discuss cooperation
GMT 02:33 2017 Monday ,03 July
FARC leader being treated for stroke: hospital
GMT 00:56 2017 Saturday ,25 February
New authors added to literature festival line-up
GMT 10:39 2016 Thursday ,24 November
Germany third quarter growth confirmed
GMT 08:35 2017 Wednesday ,09 August
UAE Public Sector Drives $300m
GMT 17:14 2017 Wednesday ,19 July
Yasmine Abdel Aziz receives new offers
GMT 16:36 2017 Saturday ,07 October
"International Fatwa" launches multilingual e-platform
GMT 04:05 2017 Friday ,24 November
Angry Birds maker posts loss despite jump in sales
GMT 10:30 2017 Tuesday ,28 November
Consumer agency power struggle underscores Trump
GMT 00:36 2017 Monday ,13 March
Ivory Coast President Meets OIC Secretary-General
GMT 07:59 2018 Thursday ,11 January
Nigeria can avail Pak cooperation in various sectors: PM
GMT 20:38 2017 Wednesday ,30 August
8 civilians killed in airstrike by US-led
GMT 00:37 2017 Thursday ,13 April
UK seeks to boost trade with Oman by a billion pounds
GMT 22:52 2017 Monday ,09 October
Nigeria tries Boko Haram suspects behind closed doors
GMT 06:57 2017 Monday ,06 March
Spain Promises Support for Morocco Against EU
GMT 01:48 2017 Friday ,07 April
Now, get your driving lessons on a Range Rover
GMT 11:24 2016 Friday ,21 October
Canadian aerospace giant Bombardier to cut 7500 jobs by end-2018
GMT 10:47 2016 Tuesday ,26 January
Developing countries bear brunt of nitrogen pollution
GMT 02:12 2017 Tuesday ,19 September
November23rd-December21st
GMT 22:01 2017 Wednesday ,18 October
25 Kurds killed in clashes in Iraq's Kirkuk
GMT 21:18 2017 Monday ,28 August
Singer Assy Al Helani sad for his sister’s death
GMT 19:36 2017 Friday ,15 September
Voluntary Work Award winners honoured
GMT 20:20 2017 Monday ,25 September
Sisi arrives in United Arab Emirates on official visit
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor