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Wednesday, 17 July 2019

Highlight of Egypt’s airwaves: World Bank’s latest macro report

The World Bank’s release of the Egyptian Economy Observatory report caught the attention of Al Hayah Al Youm’s Lobna Assal (watch, runtime: 14:51). Assal phoned in Ahram Editor-in-Chief Khalifa Adham, who said that for the first time in over ten years, economic growth was heavily driven by the private sector and gross investment. We have chapter and verse on the report in this morning’s Speed Round, below.

On Hona Al Asema’s radar: Bloomberg’s most recent testament to Egypt’s economic prowess, in contrast to Nigeria, the key points of which we covered yesterday (watch, runtime: 1:39).

The Emirati sports authority’s Egypt-born advisor Mohammad Fadlallah thinks quite highly of sports, telling Masaa DMC’s Osama Kamal that investing in sports could lead to “great economic gains,” provided the right strategy is in place. Egypt “must believe” in the potential impact of sports on national income, Fadlallah added (watch, runtime: 2:44).

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