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PMI outlook brightens, but remained in contraction territory last month
Activity in Egypt’s non-oil private sector contracted for a sixth consecutive month in May, but at a slower rate as…
Tourism sector just got a five-month breather from the corona tax
Corona tax freeze for tourism companies: Companies in the struggling tourism sector are being given some breathing room after the…
THIS MORNING: It’s PMI day; Yalla, Bibi.
Good morning, and a very happy Thursday to our readers: We have a packed issue to close out the week…
It’s good news / bad news from the OECD
The OECD is out with its latest global economic outlook — and there’s good news and bad news. The good…
Are we there yet?
Egypt is expected to (almost) match its pre-pandemic growth level in this final quarter of the state’s current fiscal year.…
Your rundown on the industries the gov’t thinks are priorities going forward
The Sisi administration has a new basket of structural reforms in the pipeline — and these are the industries most…
OPEC+ agree to raise supply in July
OPEC+ oil producers have agreed to continue relaxing curbs on oil production in July as a global economic recovery boosts…
Foreign investors are still buying our treasuries
FROM THE DEPT. OF GOOD NEWS- Foreign holdings of Egyptian treasury bills jumped to USD 20.8 bn (c. EGP 327…
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