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Recession is “inevitable” if the economy continues in this direction -Maait
We‘re not in a recession — but the risk is very much there, says Maait: “We are not yet in…
THIS MORNING: Our latest import: recession fears + Russia drama continues to roil the energy markets
It’s a packed issue today, ladies and gentlemen, as we hit the dash to the weekend. Our friends from the…
Fitch slashes Egypt’s GDP growth forecast for next fiscal year by more than 1 point
Fitch has cut Egypt’s GDP growth forecast for FY2022-2023 to 4.4% from a prior projection of 5.5%, saying the economy…
Global CEOs spy recession on horizon + More on the crisis in EM debt markets
CEOs across the world are bracing themselves for a recession: Only a quarter of business leaders across the world expect…
Growth in Africa is looking promising in the near term — and Egypt has a big role to play
Egypt’s economic growth is expected to account for 17% of Africa’s output growth in 2022, according to a report (pdf)…
Egypt’s FDI might outdo much of the world in 2022
Egypt saw foreign direct investment inflows fall 12% in 2021 but remained the second-largest recipient of FDI in Africa after…
El Erian points fingers at Fed for US inflation as recession clouds build
The Fed missed the boat on inflation, says El Erian: Allianz Chief Economist Mohamed El Erian told CBS’s “Face The…
Inflation hits 13.5% in May but slowed on an m-o-m basis
Inflation rose to a three-year high in May but came in lower than expected and even slowed down on a…
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