Egypt cuts GDP growth forecast to 5.1% from 5.6% in FY 2019-2020
Gov’t revises downwards economic growth forecast this fiscal year to 5.1%: The government has cut its GDP growth forecast for…
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Gov’t revises downwards economic growth forecast this fiscal year to 5.1%: The government has cut its GDP growth forecast for…
A pandemic like covid-19 wasn’t just anticipated — it is an inherent risk of globalization, and we need to determine…
Business activity in US, Europe sucker punched as manufacturing and services suffer record blow: Business activity has hit record lows…
Global stocks see second-consecutive day of gains on bailout hopes: Global equity markets continued Tuesday’s rally yesterday on hopes that…
Covid-19 could cause Egypt’s GDP to shrink 1.3% this year, before bouncing back in 2021, says Capital Economics: Egypt could…
Gov’t covid-19 measures could threaten 30% of Egypt’s nominal GDP -RenCap: Around one third of private consumption in Egypt “could…
Remittances rise 5% in 2019: Remittances from Egyptians living abroad rose 5% to USD 26.8 bn in 2019 from USD…
Egypt holds the second highest number of ultra-rich individuals in Africa: There are currently 764 ultra-high net worth individuals (UHNWI)—those…
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