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CBE to make third consecutive rate cut next week
SURVEY- Economists predict CBE will make third consecutive rate cut next Thursday: The Central Bank of Egypt (CBE) could cut…
Egypt’s non-oil business activity falls slightly in October, but sentiment is up
Non-oil business activity falls slightly in October, but sentiment is showing strong improvement: Egypt’s non-oil private sector remained in contraction…
Egypt in the News on 4 November 2019
In the foreign press this morning: The UAE’s The National has a story that questions President Abdelfattah El Sisi’s suggestion…
World Bank sees Egypt’s GDP growth outpacing MENA average this year
The World Bank sees Egypt’s economy growing 5.5% this year, outpacing the MENA average of 1.5%, according to the World…
Healthtech startup TakeStep goes to Web Summit 2019
Egyptian healthtech startup TakeStep will be one of five African healthcare companies to exhibit at next month’s Web Summit 2019…
US economy dodges a bullet as repo rate took sharp rises this month
EXPLAINER- What is the repo rate and why does it matter? The repo rate is a fundamental node in the…
Egypt ranked near bottom of ‘Economy Drivers and Disrupters’ report
Egypt has work to do to better capitalize on its growth drivers: Egypt is not positioning itself to capitalize on…
GDP grows 5.6% in 1Q2019-2020 mainly fueled by five sectors
What’s driving Egypt’s 5.6% GDP growth in 1Q2019-2020? The retail, agriculture, industrial, real estate, and telecoms sectors contributed the most…
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