Egypt financial minister targeting 5.7% growth in 2022-23
Mohamed Maait said that this target would surpass the country’s pre-pandemic growth...
Economy
South African economy projected to grow less than 5% in 2021
From a 5.1% prediction, GDP is growing at the rate of 4.9%...
Sub- Saharan Africa exits recession, but economic growth remains slow
Nigeria is expected to grow by 2.7% in 2022 from a previously...
Egypt’s healthcare sector receives $1.5 bn boost to fight Covid-19
Finance minister Mohamed Maait said that the government aims to achieve the...
Oman’s economy to grow by 2.2% in 2021:IIF
IIF mentioned they expect fiscal deficit to narrow to 2.3% of GDP...
Oil prices hit their highest levels since 2014 as demand recovers
Brent crude oil futures rose 87 cents, or 1%, to $85.73/ barrel...
Dubai’s property market undervalued, UBS report says
Increased oil prices and the economic rebound has supported the country’s recovery...
IMF cuts down China’s economic growth to 8% in 2021
Analysts warned that China is facing a painful fallout from real estate...
Saudi Arabia’s GDP to grow by 3.3% in 2022: World Bank
The growth will be driven by the Kingdom’s non-oil sector...
Oman’s GDP increases by 10.1% to reach OMR15.3 bn market price during Q2 2021
The petroleum sector also registered an increase of 8.7%...