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Egypt cut interest rates for the first time in almost five years, potentially spurring investment key to an economic rebound ...
Egypt's non-oil private sector slipped into contraction in March, marking the first downturn of 2025 as demand weakened, S&P Global reported on Thursday. The Purchasing Managers' Index (PMI) fell to ...
well below the 50.0 threshold that separates growth from contraction. “Business conditions in Egypt’s non-oil economy remained under strain from inflationary pressures, energy rationing ...
Egypt's real gross domestic product (GDP ... due to last year's 3.3% of GDP one-off Ras El-Hekma revenue and high debt interest costs. The main economic impact from ongoing regional conflicts has ...
The stabilization of the Egyptian pound against the US dollar was cited as a key factor in mitigating inflation ...
Economic ties between Egypt and France gained momentum in 2024, as trade between the two nations expanded to $2.9 billion—up ...
The recovery marks an improvement from last year’s 2.3% growth rate, driven by tourism, ICT and non-oil manufacturing.
Despite these sectors' positive performance, the Suez Canal faced significant challenges, recording a contraction of ... diversify growth and enhance Egypt’s economic competitiveness have ...
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