{"id":566283,"date":"2021-06-09T13:49:03","date_gmt":"2021-06-09T13:49:03","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/"},"modified":"2021-06-09T13:49:03","modified_gmt":"2021-06-09T13:49:03","slug":"post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/","title":{"rendered":"Post-covid business climate isn\u2019t getting any better, but firms remain hopeful -business barometer index"},"content":{"rendered":"

<\/a> The business climate in Egypt worsened for the second consecutive quarter <\/strong>as the emergence of new covid-19 variants globally led to a slowdown in domestic sales and demand as well as lower exports, the Egyptian Center for Economic Studies\u2019 (ECES) said in its latest Business Barometer report (Arabic, pdf)<\/a>. The ECES\u2019 business barometer, a gauge of real economy trends including supply and demand, output and input prices, wage and employment, stayed unchanged from the previous quarter at 47.0 in 3Q2020-2021, three points below a 50.0 \u201cneutral level,\u201d said the research center. Among the report\u2019s highlights:<\/p>\n

We\u2019re still doing better than during peak covid:<\/strong> The contraction during the third quarter of the fiscal year \u2014 which ran between January and April 2021 \u2014 was less pronounced than in the peak of the pandemic between April and July 2020, when the gauge was as low as 36.0.<\/p>\n

But businesses are holding back: <\/strong>The drop in sales and exports caused many businesses to cut down production and capacity utilization. Firms surveyed by the ECES also said they had held back on expansion plans including adding new production lines, products, or technologies until conditions improve.<\/p>\n

SMEs were the hardest hit: <\/strong>Sub-gauges measuring activity in small and medium enterprises were all below the 50.0 mark. For larger companies, only gauges measuring production, capacity utilization, and export growth came in below 50.<\/p>\n

Higher input prices, wages: <\/strong>Respondents cited paying more for inputs as covid-19 continues to affect supply chains, which led to an increase in a sub-gauge measuring end-product prices across both SMEs and larger companies, but at a slower pace than in 2Q. A separate gauge measuring wage increases also rose by 9 basis points since the start of the calendar year due to annual raises in most companies.<\/p>\n

Investment growth was also slow during the third quarter of FY2020-2021<\/strong>, with another gauge measuring investment spending recording a neutral 50.0.<\/p>\n

But the outlook is optimistic, despite ongoing uncertainty:<\/strong> The business community remains hopeful the gauge will move into expansion territory in 4Q2020-2021 (April-June) to reach 51.0, the ECES said. Forecasts across all sectors, except for tourism and financial services, were positive \u2014 with respondents saying telecoms, construction and transformative industries showed the most promise so far into the ongoing quarter.<\/p>\n

A separate gauge measuring activity in Egypt\u2019s non-oil private sector, the purchasing managers\u2019 index, has also remained sluggish <\/strong>since December 2020<\/a><\/strong>. <\/strong>The PMI edged up to 48.6 last month<\/a>, from 47.7 in April<\/a>, remaining well in contraction territory. However, overall business sentiment, measured through a monthly survey conducted by IHS Markit, showed that market conditions in major areas of the economy improved compared to the previous three months as optimism continued to grow.<\/p>\n","protected":false},"excerpt":{"rendered":"

The business climate in Egypt worsened for the second consecutive quarter as the emergence of new covid-19 variants globally led to a slowdown in domestic sales and demand as well as lower exports, the Egyptian Center for Economic Studies\u2019 (ECES) said in its latest Business Barometer report (Arabic, pdf). The ECES\u2019 business barometer, a gauge […]<\/p>\n","protected":false},"author":1,"featured_media":566284,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[10034],"tags":[104,928,633,125,287],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-566283","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round-economy","tag-economy","tag-employment","tag-enterprisepm","tag-investment-watch","tag-smes","wpautop","entry"],"acf":{"mongo_id":"760caf7d-4844-40e2-b89d-66b3c3d72e87","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/6\/450.jpg","photo_position":"above","related_issue":[566279],"teaser":"","voice_url":""},"yoast_head":"\nPost-covid business climate isn\u2019t getting any better, but firms remain hopeful -business barometer index - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Post-covid business climate isn\u2019t getting any better, but firms remain hopeful -business barometer index\" \/>\n<meta property=\"og:description\" content=\"The business climate in Egypt worsened for the second consecutive quarter as the emergence of new covid-19 variants globally led to a slowdown in domestic sales and demand as well as lower exports, the Egyptian Center for Economic Studies\u2019 (ECES) said in its latest Business Barometer report (Arabic, pdf). The ECES\u2019 business barometer, a gauge […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-06-09T13:49:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/450.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Post-covid business climate isn\u2019t getting any better, but firms remain hopeful -business barometer index\",\"datePublished\":\"2021-06-09T13:49:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/\"},\"wordCount\":453,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/450.jpg?fit=%2C&ssl=1\",\"keywords\":[\"economy\",\"employment\",\"EnterprisePM\",\"investment watch\",\"SMEs\"],\"articleSection\":[\"SPEED ROUND: ECONOMY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/\",\"name\":\"Post-covid business climate isn\u2019t getting any better, but firms remain hopeful -business barometer index - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/450.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2021-06-09T13:49:03+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/450.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2021\/6\/450.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Post-covid business climate isn\u2019t getting any better, but firms remain hopeful -business barometer index\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Post-covid business climate isn\u2019t getting any better, but firms remain hopeful -business barometer index - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/","og_locale":"en_US","og_type":"article","og_title":"Post-covid business climate isn\u2019t getting any better, but firms remain hopeful -business barometer index","og_description":"The business climate in Egypt worsened for the second consecutive quarter as the emergence of new covid-19 variants globally led to a slowdown in domestic sales and demand as well as lower exports, the Egyptian Center for Economic Studies\u2019 (ECES) said in its latest Business Barometer report (Arabic, pdf). The ECES\u2019 business barometer, a gauge […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-06-09T13:49:03+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/450.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Post-covid business climate isn\u2019t getting any better, but firms remain hopeful -business barometer index","datePublished":"2021-06-09T13:49:03+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/"},"wordCount":453,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/450.jpg?fit=%2C&ssl=1","keywords":["economy","employment","EnterprisePM","investment watch","SMEs"],"articleSection":["SPEED ROUND: ECONOMY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/","name":"Post-covid business climate isn\u2019t getting any better, but firms remain hopeful -business barometer index - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/450.jpg?fit=%2C&ssl=1","datePublished":"2021-06-09T13:49:03+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/450.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/450.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/09\/post-covid-business-climate-isnt-getting-any-better-but-firms-remain-hopeful-business-barometer-index\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Post-covid business climate isn\u2019t getting any better, but firms remain hopeful -business barometer index"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/450.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/450.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/450.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":575593,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/20\/how-much-can-returning-egyptian-expats-affect-the-countrys-unemployment-rate\/","url_meta":{"origin":566283,"position":0},"title":"How much can returning Egyptian expats affect the country\u2019s unemployment rate?","author":"enterpriseam admin","date":"20 October 2020","format":false,"excerpt":"From the Department of the Obvious: Egypt could see sharp upticks in unemployment if waves of GCC expats return to the country, according to a report by the Egyptian Center for Economic Studies (ECES) cited by Al Shorouk. In an optimistic scenario, the ECES sees unemployment increasing in 2H2020 to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/204.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569112,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/13\/the-egyptian-competition-authoritys-bid-to-block-cleopatra-alameda-merger-highlights-its-lack-of-effective-oversight-powers-eces\/","url_meta":{"origin":566283,"position":1},"title":"The Egyptian Competition Authority\u2019s bid to block Cleopatra-Alameda merger highlights its lack of effective oversight powers -ECES","author":"enterpriseam admin","date":"13 February 2020","format":false,"excerpt":"M&A WATCH- Competition watchdog\u2019s bid to block Cleopatra-Alameda merger highlights its lack of effective oversight powers: The Egyptian Competition Authority (ECA) lacks the legal tools it would need to effectively act as an anti-monopoly and fair competition regulator, the Egyptian Center for Economic Studies (ECES) said. This gap in the\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548633,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/16\/unemployment-rates-holds-steady-in-2q-2022\/","url_meta":{"origin":566283,"position":2},"title":"Unemployment rates holds steady in 2Q 2022","author":"enterpriseam admin","date":"16 August 2022","format":false,"excerpt":"Egypt\u2019s unemployment rate remained flat at 7.2% in 2Q 2022 from last quarter, according to data (pdf) from statistics agency Capmas out yesterday. The jobless rate is down by 0.1 percentage point in comparison with the corresponding quarter last year.The jobless rate has been more or less steady since the\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/266.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558533,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/16\/unemployment-flat-quarter-on-quarter-in-2q2021\/","url_meta":{"origin":566283,"position":3},"title":"Unemployment flat quarter-on-quarter in 2Q2021","author":"enterpriseam admin","date":"16 August 2021","format":false,"excerpt":"Egypt\u2019s unemployment rate was largely flat in 2Q2021 at 7.3%, improving just 0.1 percentage points from the preceding quarter, according to official figures (pdf) released yesterday by state statistics agency Capmas.That\u2019s still a huge improvement from 2Q2020, during which the jobless count rose to a two-year high due to the\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/170.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":571278,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/06\/non-oil-business-activity-plummets-to-all-time-low-in-april-as-lockdown-measures-begin-to-bite\/","url_meta":{"origin":566283,"position":4},"title":"Non-oil business activity plummets to all-time low in April as lockdown measures begin to bite","author":"enterpriseam admin","date":"6 May 2020","format":false,"excerpt":"Non-oil business activity plummets to all-time low in April as lockdown measures bite: Egypt\u2019s non-oil business activity fell at an \u201cunprecedented rate\u201d in April as government measures to stem the covid-19 outbreak caused a \u201csevere decline\u201d in business conditions, according to IHS Markit\u2019s purchasing managers\u2019 index (PMI) (pdf). The PMI\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/5\/46.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562902,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/10\/this-morning-inflation-figures-should-land-today-g7-kicks-off-tomorrow-btc-is-now-legal-tender-in-el-salvador\/","url_meta":{"origin":566283,"position":5},"title":"THIS MORNING: Inflation figures should land today; G7 kicks off tomorrow; BTC is now legal tender in El Salvador.","author":"enterpriseam admin","date":"10 June 2021","format":false,"excerpt":"Good morning ladies and gents \u2014 and that\u2019s almost a wrap on another busy week of news in Om El Donia.But before we kick back for the weekend, we have the small matter of May\u2019s inflation figures, which should be out this morning. The release, coming just a week before\u2026","rel":"","context":"In "What We're Tracking Today"","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/566283","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=566283"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/566283\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/566279"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/566284"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=566283"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=566283"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=566283"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=566283"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=566283"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}