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GDP growth comes in at 4.3% in 2Q FY 2024-2025
Good afternoon, friends, and welcome to the almost-weekend. The news cycle is still heating up as we wind down before…
Brewing trade war to weigh on global growth, OECD says
It also sees inflation coming in higher than previously forecast
Capital Economics sees Egypt’s GDP hitting 5.0% clip in 2024-25 in above-consensus projection
GDP growth is seen continuing to pick up again in the following fiscal year to 5.3%
IMF, World Bank cut Egypt's growth forecast
The IMF now sees the economy growing at a 3.6% clip during the current fiscal year
Egypt receives first EUR 1 bn tranche under macro-financial assistance package from the EU
The funds will go towards alleviating external financing constraints, easing the government’s balance of payments and budget needs, and boosting…
Growth picks up to 3.5% in 1Q FY 2024-25 despite drops in energy production and Suez Canal revenues
Non-oil manufacturing grew 7.1% y-o-y in 1Q, marking its second consecutive quarter of growth
Fitch trims Mena growth to 1.8% in 2024
The agency warns that the region is entering 2025 “on shaky ground”
World Bank trims Egypt’s growth forecast to 3.5%
The forecast is 0.7 percentage points below the 4.2% forecasted in June
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