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Egypt’s GDP to grow 2.8% this FY + IMF is out with a more optimistic global forecast
Egypt’s economy will grow at a 2.8% clip in FY2020-2021, according to a Reuterspoll of economists. This is a downwards…
Egypt is still Africa’s top FDI destination despite covid
Foreign direct investment into Egypt fell 39% in 2020 as fears over the coronavirus pandemic caused a historic drop in…
Egypt in the News on 26 January 2021
The 2011 revolution dominates the conversation on Egypt in the international press this morning: Marking the 10-year anniversary of the…
Can Egyptian equities piggyback on the EM rally?
Are we about to get a piece of this rally in EM equities? Maybe, says RenCap: A strong rebound in…
What we’re tracking on 26 January 2021
Good morning, nice people and welcome to one of the quietest news days we’ve seen in months. No single story…
Also on our radar on 25 January 2021
Hassan Allam Holding lands contracts for seven major infrastructure projects: Hassan Allam Holding said yesterday (pdf) that subsidiaries Hassan Allam…
An industrial shake-up?
Egyptian policymakers need to shake up the country’s industrial sector and put into place a new industrial policy to kickstart…
2020 was a good year for Egypt’s fintech scene
Fintech flourished in Egypt in 2020 despite covid-19’s negative impact on funding, writes Citibank’s Vice President of Europe, the Middle…
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