{"id":575949,"date":"2020-11-04T04:05:52","date_gmt":"2020-11-04T04:05:52","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/"},"modified":"2020-11-04T04:05:52","modified_gmt":"2020-11-04T04:05:52","slug":"egypts-private-sector-continues-to-expand-in-october","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/","title":{"rendered":"Egypt\u2019s private sector continues to expand in October"},"content":{"rendered":"

<\/a> Egypt\u2019s non-oil private sector grew in October at its strongest rate since December<\/strong> 2014<\/strong> as rising output and new orders kept activity expanding for the second consecutive month, according to IHS Markit purchasing managers\u2019 index (PMI) figures (pdf)<\/a>. The gauge rose to 51.4 from 50.4 in September<\/a>, a level comfortably above the 50.0 mark that separates expansion from contraction. David Owen, economist at IHS Markit, described the figures as a \u201crelatively strong upturn\u201d but warned that continued weak employment would continue to pose problems for the economy in the coming months.<\/p>\n

The non-oil private sector\u2019s recovery since <\/strong>April<\/a><\/strong> has been uneven<\/strong>, with conditions first showing signs of improvement in July, but facing headwinds in August<\/a> due to a sharp increase in job cuts and slowing output growth. The PMI gauge finally broke into growth territory in September, as the loosening of lockdown restrictions began to lift consumer demand.<\/p>\n

Business activity expanded at the quickest pace since August 2014 last month<\/strong> as demand held up and looser covid-19 restrictions allowed firms to grow capacity. New orders hit the highest level in six years while new export business increased albeit at a slower rate than in September.<\/p>\n

Many businesses don\u2019t have the cashflows they need to hire new staff:<\/strong> \u201cWeakness continues to lie on the employment side, as jobs decreased more quickly despite higher output,\u201d Owen said. Employment fell for the twelfth consecutive month, with some businesses saying that they didn\u2019t have enough money to replace workers due to lower revenues and higher expenses, and others laying off staff.<\/p>\n

Fears of a second covid wave darkened sentiment:<\/strong> Employment was also hit by gloomy sentiment for the next 12 months, which hit its weakest level since May as firms feared that the economic recovery will stall if Egypt suffers a second wave of covid-19. \u201cGrowth could accelerate further if restrictions remain loose, although there are still enduring risks that may slow the recovery \u2026 firms noted that they are still struggling to raise the necessary funds to hire new staff, while also indicating weaker optimism as COVID-19 cases rise in nearby Europe,\u201d Owen said.<\/p>\n

Firms also reported the sixth successive increase in backlogs<\/strong>, \u201chighlighting further pressure on business capacity.\u201d They said they needed more inputs to handle the capacity constraints, resulting in the first increase in purchasing activity since December and input prices increasing at the fastest rate in 13 months.<\/p>\n

PMI results were mixed in the GCC: <\/strong>Saudi Arabia\u2019s gauge (pdf)<\/a> hit an eight-month high of 51 in October (from 50.7 in September), but the UAE\u2019s reading (pdf)<\/a> fell into contraction territory amid further unemployment concerns and fears of a second spell of lockdowns. Bloomberg has more on the figures here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt\u2019s non-oil private sector grew in October at its strongest rate since December 2014 as rising output and new orders kept activity expanding for the second consecutive month, according to IHS Markit purchasing managers\u2019 index (PMI) figures (pdf). The gauge rose to 51.4 from 50.4 in September, a level comfortably above the 50.0 mark that […]<\/p>\n","protected":false},"author":1,"featured_media":575950,"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":[8572],"tags":[104,72,185,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-575949","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-economy","tag-enterpriseam","tag-pmi","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"be089ca9-c71c-4933-b9ea-257fde17bc78","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2020\/11\/56.jpg","photo_position":"above","related_issue":[575944],"teaser":"","voice_url":""},"yoast_head":"\nEgypt\u2019s private sector continues to expand in October - 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\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt\u2019s private sector continues to expand in October\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s non-oil private sector grew in October at its strongest rate since December 2014 as rising output and new orders kept activity expanding for the second consecutive month, according to IHS Markit purchasing managers\u2019 index (PMI) figures (pdf). The gauge rose to 51.4 from 50.4 in September, a level comfortably above the 50.0 mark that […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-04T04:05:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/56.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\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt\u2019s private sector continues to expand in October\",\"datePublished\":\"2020-11-04T04:05:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/\"},\"wordCount\":454,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/56.jpg?fit=%2C&ssl=1\",\"keywords\":[\"economy\",\"EnterpriseAM\",\"PMI\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/\",\"name\":\"Egypt\u2019s private sector continues to expand in October - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/56.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2020-11-04T04:05:52+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/56.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/11\/56.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egypt\u2019s private sector continues to expand in October\"}]},{\"@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":"Egypt\u2019s private sector continues to expand in October - 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\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/","og_locale":"en_US","og_type":"article","og_title":"Egypt\u2019s private sector continues to expand in October","og_description":"Egypt\u2019s non-oil private sector grew in October at its strongest rate since December 2014 as rising output and new orders kept activity expanding for the second consecutive month, according to IHS Markit purchasing managers\u2019 index (PMI) figures (pdf). The gauge rose to 51.4 from 50.4 in September, a level comfortably above the 50.0 mark that […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2020-11-04T04:05:52+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2020\/11\/56.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\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Egypt\u2019s private sector continues to expand in October","datePublished":"2020-11-04T04:05:52+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/"},"wordCount":454,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/11\/56.jpg?fit=%2C&ssl=1","keywords":["economy","EnterpriseAM","PMI","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/","url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/","name":"Egypt\u2019s private sector continues to expand in October - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/11\/56.jpg?fit=%2C&ssl=1","datePublished":"2020-11-04T04:05:52+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2020\/11\/56.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/11\/56.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/egypts-private-sector-continues-to-expand-in-october\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Egypt\u2019s private sector continues to expand in October"}]},{"@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\/2020\/11\/56.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2020\/11\/56.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\/2020\/11\/56.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":567725,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/06\/private-sector-growth-slowed-in-november-pmi-shows\/","url_meta":{"origin":575949,"position":0},"title":"Private sector growth slowed in November, PMI shows","author":"enterpriseam admin","date":"6 December 2020","format":false,"excerpt":"Growth in Egypt\u2019s non-oil private sector slowed in November and business confidence fell to a record low amid fears of a resurgence of covid-19, according to IHS Markit purchasing managers\u2019 index (PMI) figures (pdf). The PMI gauge remained above the 50.0 mark which separates expansion from contraction for the third\u2026","rel":"","context":"In "SENTIMENT"","block_context":{"text":"SENTIMENT","link":"https:\/\/enterpriseam.com\/egypt\/category\/sentiment\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/88.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575196,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/06\/egypts-private-sector-recovery-gets-back-on-track-in-september\/","url_meta":{"origin":575949,"position":1},"title":"Egypt\u2019s private sector recovery gets back on track in September","author":"enterpriseam admin","date":"6 October 2020","format":false,"excerpt":"Egypt\u2019s non-oil private sector expanded for the first time in 14 months in September on the back of a rise in consumer demand and strengthened business activity, according to IHS Markit PMI figures (pdf). The gauge rose to 50.4 from 49.4 in August, indicating the first month of economic expansion\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\/55.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":573464,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/08\/06\/non-oil-business-activity-hits-12-month-high-in-july\/","url_meta":{"origin":575949,"position":2},"title":"Non-oil business activity hits 12-month high in July","author":"enterpriseam admin","date":"6 August 2020","format":false,"excerpt":"Non-oil business activity hits 12-month high in July: Activity in Egypt\u2019s non-oil private sector contracted at its slowest rate in a year in July as rising output and expanding exports signalled improved business conditions after activity fell to an all-time low at the height of the covid-19 crisis. IHS Markit\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\/8\/32.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":569696,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/04\/non-oil-private-sector-continues-to-shrink-on-falling-output-export-orders\/","url_meta":{"origin":575949,"position":3},"title":"Non-oil private sector continues to shrink on falling output, export orders","author":"enterpriseam admin","date":"4 March 2020","format":false,"excerpt":"Non-oil private sector continues to shrink on falling output, export orders: Business activity in Egypt's non-oil private sector remained in contraction in February as export orders continued to fall and output dropped, according to the IHS Markit purchasing managers\u2019 index (PMI) (pdf). The rate of contraction improved marginally from January,\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\/3\/53.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":553482,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/06\/rising-inflation-weighs-on-private-sector-activity-in-november\/","url_meta":{"origin":575949,"position":4},"title":"Rising inflation weighs on private sector activity in November","author":"enterpriseam admin","date":"6 December 2021","format":false,"excerpt":"Egypt\u2019s non-oil business activity shrank \u201cmoderately\u201d during November, with a closely followed gauge of business conditions unchanged from the month prior as supply chain bottlenecks and inflationary pressures continued to weigh on private sector firms. The IHS Markit Purchasing Managers\u2019 Index (PMI) (pdf) remained at 48.7 last month, marking 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\/12\/229.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":594685,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/04\/egypts-non-oil-business-activity-shrinks-again-in-august\/","url_meta":{"origin":575949,"position":5},"title":"Egypt\u2019s non-oil business activity shrinks again in August","author":"enterpriseam admin","date":"4 September 2019","format":false,"excerpt":"Non-oil business activity shrinks again in August: Falling output caused activity in Egypt\u2019s non-oil private sector to contract in August after a month of expansion in July, according to the Markit\/Emirates NBD purchasing managers\u2019 index (PMI) (pdf). The PMI gauge fell to 49.4 in August from 50.3 in July, indicating\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\/2019\/9\/3005.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/575949","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=575949"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/575949\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/575944"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/575950"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=575949"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=575949"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=575949"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=575949"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=575949"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}