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FINANCIAL NEWS
Egypt economy improves contrary to IMF’s view
20 Oct 2013
(MENAFN) Egypt’s Prime Minister said that the country’s economy is improving, relying on many factors which confirm this fact, Saudi Gazette reported.
He said that remittances by the Egyptian expatriates are increasing in addition to Saudi, Kuwaiti and UAE support for Egypt is strong.
The International Monetary Fund results show that the weak Egyptian economic performance will remain until 2018.
Biblawy marked that Egypt can go through its problems quickly; expecting conditions to be normal by achieving the political stability and security discipline.
In the Meantime, Minister of Planning said that the economic situation in Egypt is excellent adding the IMF report which indicates that Egypt’s economy is bad is not correct adding the IMF based its estimates on the situation before June 30.
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24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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