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Covid bites once again
Egypt’s non-oil private sector recovery stalled again in December as covid-19 cases climbed steadily throughout the month, causing muted consumer…
What we’re tracking on 5 January 2021
Good morning, friends, and welcome to a particularly busy Tuesday on this holiday-shortened week. Two big stories are vying for…
What we’re tracking on 3 January 2021
Good morning, wonderful people. It’s officially no longer 2020. Since we last wrote to you, the UK’s tumultuous breakup with…
Your top 5 pieces of business and economic news in December
Your top 5 pieces of business and economic news in December: Sentiment: We received contradictory data points on business sentiment…
Of lockdowns, stimulus, and vaccines
THE YEAR IN COVID- At the beginning of February, Egypt suspended flights to China and began to evacuate its citizens…
What the markets are doing on 9 December 2020
The EGX30 rose 0.2% yesterday on turnover of EGP 1.6 bn (27.4% above the 90-day average). Foreign investors were net…
Private sector growth slowed in November, PMI shows
Growth in Egypt’s non-oil private sector slowed in November and business confidence fell to a record low amid fears of…
Unemployment rate falls back to pre-pandemic levels in 3Q2020
Egypt’s unemployment rate returned to pre-pandemic levels in 3Q2020, falling to 7.3% after the government eased lockdown restrictions in late…
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