• Wednesday, 21 October 2020

    Where CDC is targeting its investments in Egypt this year + how it sees the private sector leading post-covid growth

    Where the UK’s CDC plans to invest in Egypt this year + how it sees the private sector leading post-covid growth: CDC Group, the UK government’s development arm, has been investing in Egypt since 2003. The group sees Egypt as...
  • Tuesday, 20 October 2020

    Egypt’s economy is on track to finish the year having grown 3.5%

    NOSTRADAMUS AGREES: Egypt’s economy will finish the year having grown 3.5%. That’s our takeaway after Fitch said in a recent report that it sees the economy growing at a 3.5% clip this year, adding its projection to similar forecasts from...
  • Monday, 19 October 2020

    Egypt’s economy is on track to finish the year having grown 3.5%

    NOSTRADAMUS AGREES: Egypt’s economy will finish the year having grown 3.5%. That’s our takeaway after Fitch said in a recent report that it sees the economy growing at a 3.5% clip this year, adding its projection to similar forecasts from...
  • Monday, 19 October 2020

    Egypt’s economy is on track to finish the year having grown 3.5%

    NOSTRADAMUS AGREES: Egypt’s economy will finish the year having grown 3.5%. That’s our takeaway after Fitch said in a recent report that it sees the economy growing at a 3.5% clip this year, adding its projection to similar forecasts from...
  • Wednesday, 7 October 2020

    Falling inflation could lead to a delicate balancing act on interest rates

    A delicate balancing act on interest rates: A too-sharp decline in Egypt’s September inflation figures could result in “consultations” with the IMF, which would likely recommend more interest rate cuts, Patrick Werr writes for Reuters. The consultations would be triggered...
  • Monday, 10 August 2020

    Egyptian economy to grow at 2.5-3% clip in FY2020-2021 -HSBC

    HSBC sees the Egyptian economy growing at a 2.5-3% clip in FY2020-2021 as strong economic fundamentals help the country weather the worst of the economic fallout caused by the covid-19 pandemic, according to a research note picked up by the...
  • Sunday, 26 July 2020

    MENA GDP to crash 5.7% this year -UN

    It’s not looking pretty for MENA economies if this UN report is anything to go by: MENA economies are expected to contract by a collective 5.7% this year because of the covid-19 pandemic, according to a UN report (pdf) released...
  • Sunday, 26 July 2020

    Egypt records 3.8% economic growth for FY2019-2020

    The economy grew 3.8% in the state fiscal year that ended on 30 June, despite fallout from the covid-19 pandemic, according to preliminary figures published by Ittihadiya on Saturday. The figures, discussed during a meeting between President Abdel Fattah El...
  • Wednesday, 15 July 2020

    Why we now need to be talking more about EMs

    Why we now need to be talking more about EMs: Middle-income economies that stand halfway between the world’s richest and poorest “are uniquely vulnerable in the pandemic.” Despite this, those countries have largely been absent from the global narrative about...

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