Egypt Economy Articles & Analysis

Chapter | The Guide from The Report: Egypt 2019

This section includes information on hotels, government offices and other listings, alongside useful tips for visitors on topics like currency, visas, language, communications, dress code, business hours and electricity.

As Egypt is the most-populous Arab nation and third-most populous in Africa, population pressure is driving the nation’s economic agenda, with an estimated 3.5m young Egyptians entering the labour force by 2023. Recent years have seen an array of public initiatives aimed at encouraging private sector activity, but these remain hampered by a challenging economic backdrop and structural hurdles.

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On August 6 Egypt received the sixth and final tranche of a three-year, $12bn loan programme from the IMF, and the country is now set to build on its legacy.

Articles & Analysis | Egypt in brief: from The Report: Egypt 2019

The country has been able to build strong financial buffers since the Egyptian pound was floated: in December 2018 foreign reserves stood at $44.5bn, compared to less than $17bn at the end of 2016. Looking ahead, the IMF estimates that GDP will grow by 5.5% in 2019 and 5.9% in 2020, powered mainly by a recovery in tourism and rising natural gas...

Articles & Analysis | Hotel options in Egypt from The Report: Egypt 2019

 

BARON HOTEL HELIOPOLIS 8 Ma’ahad Al Sahary Street, Heliopolis, Cairo T: (02) 2291 5757 ext. 2010, 2027 www.baronhotels.com reservation@baroncairo.com Rooms: 126 single rooms, double rooms and suites. Business & Conference Facilities: 2 ballrooms each with a 250-person capacity and smaller boardrooms. Latest audio-visual equipment...

 

GOVERNMENT OFFICES Cabinet 2793 5000 Ministry of Commerce & Industry 2792 1176 Ministry of Communications & Information Technology 3534 1010 Ministry of Defence & Military Production 2260 2566 Ministry of Education & Technical Education 2796 3273 Ministry of Electricity & Renewable Energy 2401 2361 Ministry...

 

LANGUAGE: Arabic is the official language of Egypt, and the Egyptian dialect is widely understood and spoken throughout the Middle East. People from more socio-economically advantaged segments of society often speak either English or French, and the use of these languages has been spreading. Newspapers, books and public information are...

 

Fiscal policy plays a vital role in creating and nurturing sustainable and inclusive growth. This is because we need fiscal space for spending on health, education, social protection and public investment, which are all key priorities in the Arab world. Unfortunately, this region has yet to fully recover from the global financial crisis and...