• Register

Egypt witnesses 60% drop in GDP growth rate

: Thursday, February 13 - 2014 @ 11:13

Egyptian finance ministry has said that growth rate of the country’s gross domestic product (GDP) fell to 1% in the first quarter of the current fiscal year, compared with 2.5% in the same period last year, marking a 60% drop, Xinhua has reported. Investments in Egypt also declined by 7.3% year-on-year, the ministry said, attributing the decline to “security reasons and political developments.”

Today's Top Stories

Posted by

Thursday, February 13- 2014 @ 11:13 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

AME Info Services

Business DirectoryVIEW ALL

Search by name

Search by industry

Browse alphabetically


Search for jobs

Latest Jobs