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Egypt’s tourism losses could top 2% of GDP this year, IMF says
Egypt could lose out on tourism revenues worth more than 2% of its GDP this year due to global travel…
Rising remittances curb current account deficit in 3Q2019-2020
Rising remittances curb current account deficit in 3Q2019-2020: A rise in foreign remittances helped Egypt’s current account shrug off the…
MENA GDP to crash 5.7% this year -UN
It’s not looking pretty for MENA economies if this UN report is anything to go by: MENA economies are expected…
Egypt records 3.8% economic growth for FY2019-2020
The economy grew 3.8% in the state fiscal year that ended on 30 June, despite fallout from the covid-19 pandemic,…
Details of Egypt’s consumer-spending initiative could emerge within a week
We could be hear the details of the government’s consumer-spending initiative within a week, if local press reports citing government…
Analysts see Egyptian economy growing at a 3.1% clip in the 2020-2021 fiscal year
Analysts see Egypt’s economy growing at a 3.1% clip in FY2020-2021, according to a Reuters poll, down from 3.5% in…
What we’re tracking on 22 July 2020
Good morning, friends, and welcome to the last business day of the week. The nation is sliding into a three-day…
Why we now need to be talking more about EMs
Why we now need to be talking more about EMs: Middle-income economies that stand halfway between the world’s richest and…
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