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FINANCIAL NEWS
Egypt’s GDP to increase by 6%
23 Sep 2010
(MENAFN) Egypt’s Prime Minister, Ahmad Nazif, said that the country’s economy is expected to grow by 6 percent this financial year thanks to the strong growth in the key sectors including tourism, exports and domestic investments, AP reported.
The current fiscal year’s foreign investments have achieved $6 billion.
Three years ago, Egypt’s GDP growth was around 7 percent and had decreased to 4.7 percent due to the global economic recession.
The last financial year, Egypt’s GDP increased by 5.3 percent and now the government’s objective is to increase the economy by 5.8 percent by the end of the second quarter of 2011.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
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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