economic growth | Egypt Oil & Gas

El Molla Highlights Petroleum Achievements in Akhbar Al Yom Conference

The Minister of Petroleum and Mineral Resources, Tarek El Molla, has reviewed the significant achievements of the petroleum sector during the period from March up till now despite coronavirus and its consequences. ...

IMF Retracts Saudi Arabia’s Economic Growth Forecast

The international Monetary Fund (IMF) has lowered its forecast for Saudi Arabia’s economic growth to 1.9%, retracting its initial anticipation on the kingdom's economic growth to increase by 2.2% in 2020.

El Molla Meets with Middle East Institute Members

The meeting was attended by head of US oil companies and organized by US Chamber of Commerce, the Egypt-US Business Council and the American Chamber of Commerce in Egypt.

GCC Economies to Recover in 2019 Due to Stable Oil Prices: Moody’s

The Gulf Cooperation Council (GCC) and Africa will experience higher economic growth in 2019.

IMF: 5.2% Egypt GDP in 2018

Egypt's gross domestic product (GDP) will reach 5.2% during 2018, up from 4.2% in 2017, according to new IMF projections.

IMF Forecast Cites MENA Growth after Oil Price Recovery

The International Monetary Fund (IMF) raised its 2016 growth forecast for the Middle East and North Africa after a rebound in oil prices.

Angola Projects Economic Decline Due to Low Oil Prices

Angola's Finance Ministry has halved its economic growth forecast for this year and decreased government's expenditure amid the fall of oil prices which affected the state revenues.

IMF Forecasts Lower Prices to Hurt Africa’s Oil producers

Lower oil prices will reduce growth in sub-Saharan Africa's major petroleum producing countries and push governments to implement significant policy adjustments, the International Monetary Fund said on Tuesday.

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