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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 ...
The stabilization of the Egyptian pound against the US dollar was cited as a key factor in mitigating inflation ...
Egypt cut interest rates for the first time in almost five years, potentially spurring investment key to an economic rebound ...
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 ...
The recovery marks an improvement from last year’s 2.3% growth rate, driven by tourism, ICT and non-oil manufacturing.
Economic ties between Egypt and France gained momentum in 2024, as trade between the two nations expanded to $2.9 billion—up ...
Despite these sectors' positive performance, the Suez Canal faced significant challenges, recording a contraction of ... diversify growth and enhance Egypt’s economic competitiveness have ...
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 ...
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