{"id":582284,"date":"2023-03-05T00:00:00","date_gmt":"2023-03-05T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/05\/this-evening-pmi-ticks-up-but-remains-in-contraction-territory-iraqs-prime-minister-is-in-town\/"},"modified":"2023-03-05T00:00:00","modified_gmt":"2023-03-05T00:00:00","slug":"this-evening-pmi-ticks-up-but-remains-in-contraction-territory-iraqs-prime-minister-is-in-town","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/05\/this-evening-pmi-ticks-up-but-remains-in-contraction-territory-iraqs-prime-minister-is-in-town\/","title":{"rendered":"THIS EVENING: PMI ticks up but remains in contraction territory + Iraq\u2019s prime minister is in town"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Good afternoon, wonderful people.<\/span><span style=\"\"> We\u2019re getting the week started on a Goldilocks type of<\/span><span style=\"font-weight:400;\"> day, wherein the news flow is neither mind-numbingly slow, nor is it particularly heavy. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">THE BIG STORY TODAY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Activity in Egypt\u2019s non-oil private sector contracted at a slower pace in<\/span><span style=\"font-weight:700\"> February<\/span><span>, according to S&P Global\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.pmi.spglobal.com\/Public\/Home\/PressRelease\/32027225a5ee43179e0aa9b40fcea868\" style=\"\">purchasing managers\u2019 index (pdf)<\/a><\/span><span>.<\/span><span style=\"font-weight:400;\"> February\u2019s PMI reading came in at 46.9, rising from 45.5 the previous month but remaining in contraction territory for the 27th month in a row. The month saw cost inflation cooling, although \u201coutput levels continued to contract at a sharp pace\u201d amid weak consumer demand. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">THE BIG STORY ABROAD<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Still leading the front pages of the international business press this afternoon is China<\/span><span style=\"font-weight:700\"> setting a modest economic growth target of 5%<\/span><span>, following three years of slow growth on the back of covid-19 and a prolonged slump in its property sector: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.cnbc.com\/2023\/03\/05\/china-sets-gdp-target-of-around-5percent-for-2023.html\" style=\"\">CNBC<\/a><\/span><span> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.reuters.com\/world\/china\/chinas-economy-government-revamp-focus-parliament-set-open-2023-03-04\/\" style=\"\">Reuters<\/a><\/span><span> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.wsj.com\/articles\/china-sets-economic-growth-target-of-around-5-for-the-year-88eaff89?mod=hp_lead_pos1\" style=\"\">Wall Street Journal<\/a><\/span><span> | <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ft.com\/content\/842c5f55-5f0c-4ff4-bf5e-fe588236d08a\" style=\"\">Financial Times<\/a><\/span><span> <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">HAPPENING NOW- Iraqi PM arrives in Egypt:<\/span><span style=\"\"> Iraqi Prime Minister Mohammed Shia Al Sudani<\/span><span> landed in Cairo today in his first visit to Egypt since he took office last October, accord<\/span><span>ing to a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02vE9oX1joSvFWa8PsEBNauS1gjy3PcYH2XVrxT67XtWA6yGW4uR75AkVPh2Mmw4xsl\" style=\"\">cabinet statement<\/a><\/span><span style=\"font-weight:400;\">. Al Sudani is scheduled to discuss with Prime Minister Moustafa Madbouly proposals on ways to strengthen ties between the two countries. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">** CATCH UP QUICK on the top stories from today\u2019s EnterpriseAM:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:700\">A new program of public-sector wage hikes, pension increases + tax breaks as inflation toll mounts:<\/span><span> President Abdel Fattah El Sisi <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/03\/05\/el-sisi-announces-egp-150-bn-program-of-wage-hikes-pension-increases-amid-soaring-inflation-98560\/\" style=\"\">announced<\/a><\/span><span style=\"font-weight:400;\"> a new round of public-sector wage and pension hikes designed to mitigate the impact of soaring inflation on the public<\/span><\/li>\n<li><span style=\"font-weight:700\">Egytrans wants NOSCO:<\/span><span> Transport player Egytrans expects to wrap a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/03\/05\/egytrans-hopes-to-acquire-trucking-firm-nosco-by-end-of-1h-2023-98561\/\" style=\"\">majority acquisition<\/a><\/span><span> <\/span><span style=\"font-weight:400;\">of trucking firm National Company for Transportation and Overseas Services (NOSCO) before the end of 1H 2023<\/span><\/li>\n<li><span style=\"font-weight:700\">Sawiris partners with local, Emirati players to redevelop Morocco hotel.<\/span><span> Samih Sawiris is <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/stories\/2023\/03\/05\/sawiris-partners-with-local-emirati-players-to-redevelop-morocco-hotel-98562\/\" style=\"\">leading the redevelopment<\/a><\/span><span style=\"font-weight:400;\"> in Morocco of the Mogador resort in Morocco\u2019s Essaouira in a drive worth as much as AED 4 bn.<\/span><\/li>\n<\/ul>\n<p style=\"padding:0;line-height:1.15;margin-right:0;margin-left:36pt;margin-top:0;orphans:2;margin-bottom:0;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<p class=\"web-image-inner\"><img data-recalc-dims=\"1\" decoding=\"async\" style=\"display: block\" src=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/Inside-Industry-en-WEB-1600x584-v5-03-1.jpg?ssl=1\" alt=\"enterprise\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">*** It\u2019s Inside Industry day \u2014<\/span><span> <\/span><span style=\"font-weight:700\">your weekly briefing of all things industrial in Egypt.<\/span><span style=\"font-weight:400;\"> Inside Industry focuses each Sunday on what it takes to turn Egypt into a manufacturing and export powerhouse, ranging from initial investment and planning to product distribution, through to land allocation to industrial processes, supply chain management, labor, automation and technology, inputs and exports, regulation and policy.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">In today's issue: <\/span><span style=\"\">The government has taken a number of steps in recent months to reduce our<\/span><span> reliance on imports and cut down on the trade deficit.<\/span><span style=\"font-weight:400;\"> How effective have their efforts been? Today's Inside Industry looks at these new changes and how they've affected export growth.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>     <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/registration.html\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2023\/2\/ExportsFDIForum_1600.jpg?ssl=1\"\/><\/a><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">We are delighted to share with you that the Enterprise Exports & FDI Forum <\/span><span style=\"\">will be taking <\/span><span style=\"\">place on<\/span><span style=\"font-weight:700\"> Monday, 15 May <\/span><span style=\"\">at the<\/span><span style=\"font-weight:700;\"> Four Seasons Hotel at Nile Plaza.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">DO YOU WANT TO ATTEND?<\/span><span style=\"\"> The first wave of invites is going out soon. If you\u2019re a C-suite exec, exporter, investor, official, banker, or someone who should be part of the conversation, please <\/span><span style=\"-webkit-text-decoration-skip:none;font-weight:700;text-decoration-skip-ink:none\"><a href=\"https:\/\/exportsfdi.enterprise.press\/registration.html\" style=\"\">TAP OR CLICK HERE<\/a><\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/registration.html\" style=\"\">to request a spot at this exclusive event<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">What\u2019s the Enterprise Exports & FDI Forum?<\/span><span style=\"font-weight:400;\"> It is the latest in our series of must-attend, invitation-only gatherings for C-suite-level business leaders. The Enterprise Exports & FDI Forum will discuss the critical topics of exports and foreign direct investment (FDI) in Egypt. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">We will be taking an in-depth look into some of the most vital industry topics, including:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight:400;\">How to effectively break into new export markets<\/span><\/li>\n<li><span style=\"font-weight:400;\">How to leverage domestic trends in order to create export opportunities<\/span><\/li>\n<li><span style=\"font-weight:400;\">What foreign investors are looking for<\/span><\/li>\n<li><span style=\"font-weight:400;\">What the government's role should be <\/span><\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Why now? <\/span><span style=\"\">Exports and foreign direct investment (FDI) have never been more important to our economy \u2014 or our businesses \u2014 than in the wake of the float of the EGP. We th<\/span><span>ink <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.press\/issues\/2022\/10\/18\/am-a-five-step-recipe-to-boost-exports-fdi-and-make-sure-egypt-never-has-to-ask-the-imf-for-another-cent\/\" style=\"\">we have a once-in-a-lifetime chance to build an export-led economy<\/a><\/span><span style=\"font-weight:400;\"> that makes us a magnet for FDI, and all the benefits that will come with it for our nation. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">Think of the Enterprise Exports & FDI Forum as a hands-on lab for<\/span><span style=\"font-weight:700;\"> how to turn the devaluation of the EGP into something that will turbocharge your company and our economy.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;font-weight:700;\"><a href=\"https:\/\/exportsfdi.enterprise.press\/registration.html\" style=\"\">WANT TO ATTEND? Hit this link to let us know<\/a><\/span><span style=\"font-weight:700;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">WANT TO SHARE YOUR STORY ON STAGE?<\/span><span> Drop a note to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"mailto:patrick@enterprisemea.com\" style=\"\">Patrick here and let\u2019s talk<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">WANT TO BECOME A COMMERCIAL PARTNER?<\/span><span> Ping a note to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"mailto:mtaalab@inktankir.com\" style=\"\">Moustafa, our head of commercial, here<\/a><\/span><span>.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">? CIRCLE YOUR CALENDAR-<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">We have a date for CIFF<\/span><span style=\"\">: The Cairo International Film Festival (CIFF) will kick off at the <\/span><span>Cairo Opera House on Wednesday 15 November and run through to Friday 24 November, the festival\u2019s admins said in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/bit.ly\/3kFvEX6\" style=\"\">a statement<\/a><\/span><span style=\"font-weight:400;\"> last week.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">Thanaweya Amma exam schedules are out: <\/span><span style=\"\">Thanaweya Amma exams are scheduled <\/span><span>to take place between 12 June and 15 July, the Education Ministry <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0MomhExv4yWhogyCoY77i4QPaocEt1zS2uR4BR6pjLQZ8rw8mG5AcPjKXZNfCbv5Rl\" style=\"\">said<\/a><\/span><span style=\"font-weight:400;\"> last month.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">\u2600\ufe0f <\/span><span style=\"font-weight:700\">TOMORROW\u2019S WEATHER- Au revoir, heatwave:<\/span><span style=\"\"> Expect a pleasant daytime high of 24\u00b0C<\/span><span style=\"font-weight:400;\"> tomorrow and a nighttime low of 12\u00b0C, according to our favorite weather app.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good afternoon, wonderful people. We\u2019re getting the week started on a Goldilocks type of day, wherein the news flow is neither mind-numbingly slow, nor is it particularly heavy. THE BIG STORY TODAY Activity in Egypt\u2019s non-oil private sector contracted at a slower pace in February, according to S&#038;P Global\u2019s purchasing managers\u2019 index (pdf). February\u2019s PMI [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":582285,"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":[7213],"tags":[633,6731,185,634],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-582284","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-tonight","tag-enterprisepm","tag-iraq-diplomacy","tag-pmi","tag-what-were-tracking-tonight","wpautop","entry"],"acf":{"mongo_id":"0a71716a-a678-40e3-9d92-649a86324bf6","order":"0","is_powered_by":false,"story_type":"4","photo_url":"https:\/\/ent.news\/2022\/12\/factory-1600px.jpg","photo_position":"below","homepage_title":"","full_issue_title":"","related_issue":[582282],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/3\/.67e3ee3d-9656-4376-b19a-b963161ec1ac.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>THIS EVENING: PMI ticks up but remains in contraction territory + Iraq\u2019s prime minister is in town - 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\/2023\/03\/05\/this-evening-pmi-ticks-up-but-remains-in-contraction-territory-iraqs-prime-minister-is-in-town\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS EVENING: PMI ticks up but remains in contraction territory + Iraq\u2019s prime minister is in town\" \/>\n<meta property=\"og:description\" content=\"Good afternoon, wonderful people. We\u2019re getting the week started on a Goldilocks type of day, wherein the news flow is neither mind-numbingly slow, nor is it particularly heavy. THE BIG STORY TODAY Activity in Egypt\u2019s non-oil private sector contracted at a slower pace in February, according to S&amp;P Global\u2019s purchasing managers\u2019 index (pdf). February\u2019s PMI [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/05\/this-evening-pmi-ticks-up-but-remains-in-contraction-territory-iraqs-prime-minister-is-in-town\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-05T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/factory-1600px.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=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/05\/this-evening-pmi-ticks-up-but-remains-in-contraction-territory-iraqs-prime-minister-is-in-town\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/05\/this-evening-pmi-ticks-up-but-remains-in-contraction-territory-iraqs-prime-minister-is-in-town\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"THIS EVENING: PMI ticks up but remains in contraction territory + Iraq\u2019s prime minister is in town\",\"datePublished\":\"2023-03-05T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/05\/this-evening-pmi-ticks-up-but-remains-in-contraction-territory-iraqs-prime-minister-is-in-town\/\"},\"wordCount\":865,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/05\/this-evening-pmi-ticks-up-but-remains-in-contraction-territory-iraqs-prime-minister-is-in-town\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/12\/factory-1600px.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterprisePM\",\"Iraq diplomacy\",\"PMI\",\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TONIGHT\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/05\/this-evening-pmi-ticks-up-but-remains-in-contraction-territory-iraqs-prime-minister-is-in-town\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/03\/05\/this-evening-pmi-ticks-up-but-remains-in-contraction-territory-iraqs-prime-minister-is-in-town\/\",\"name\":\"THIS EVENING: PMI ticks up but remains in contraction territory + Iraq\u2019s prime minister is in town - 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We have some updates on our PMI figures that arrived earlier during the business day. THE BIG STORY TODAY Egypt\u2019s non-oil sector activity declined at a slower pace in March: Egypt\u2019s purchasing manager index (PMI) figure \u2014 which tracks the country\u2019s non-oil\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/758.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":656388,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/03\/novembers-pmi-readings-show-non-oil-private-sector-activity-contract-for-third-consecutive-month\/","url_meta":{"origin":582284,"position":1},"title":"November\u2019s PMI readings show non-oil private sector activity contract for third consecutive month","author":"enterpriseam admin","date":"3 December 2024","format":false,"excerpt":"Good afternoon folks, and a happy Tuesday to you. Today we have all the latest on Egypt\u2019s fresh PMI reading, Jaguar\u2019s new EV concept, and the best content to wind down to after a busy work day. THE BIG STORY TODAY Egypt\u2019s non-oil private sector activity continued to contract in\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/302.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":640795,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/what-were-tracking-this-week-124\/","url_meta":{"origin":582284,"position":2},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"5 September 2017","format":false,"excerpt":"The Emirates NBD PMI reading for August will be released tomorrow. You\u2019ll be able to find it here.","rel":"","context":"In &quot;What We\u2019re Tracking This Week&quot;","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":607479,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/03\/this-evening-egypts-non-oil-private-sector-contracts-at-a-sharper-pace-in-september\/","url_meta":{"origin":582284,"position":3},"title":"THIS EVENING: Egypt\u2019s non-oil private sector contracts at a sharper pace in September","author":"enterpriseam admin","date":"3 October 2023","format":false,"excerpt":"Good afternoon, friends. It\u2019s almost the end of the week, with the upcoming long weekend making tomorrow a THURSDAY-equivalent. THE BIG STORY TODAY PMI contraction accelerates again: The contraction in Egypt\u2019s non-oil private sector deepened in September on the back of \u201cprice and supply challenges\u201d that curbed output levels, according\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/11\/388.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":614649,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/02\/05\/this-evening-weighed-down-by-inflation-pmi-contracts-for-the-38th-month-in-a-row\/","url_meta":{"origin":582284,"position":4},"title":"THIS EVENING: Weighed down by inflation, PMI contracts for the 38th month in a row","author":"enterpriseam admin","date":"5 February 2024","format":false,"excerpt":"Good afternoon, folks, and happy Monday. The news cycle at home and abroad continues to be primarily led by macroeconomics and monetary policy, while everyone here in Om El Donia is keeping their eyes peeled for signs that our IMF agreement is signed, sealed, and delivered.THE BIG STORY TODAY Egypt\u2019s\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/2\/319.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":554388,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/05\/tonight-novembers-pmi-stays-flat-el-salvadors-btc-push-doesnt-seem-too-cool-right-now\/","url_meta":{"origin":582284,"position":5},"title":"TONIGHT: November\u2019s PMI stays flat + El Salvador\u2019s BTC push doesn\u2019t seem too cool right now","author":"enterpriseam admin","date":"5 December 2021","format":false,"excerpt":"Good morning, friends \u2014 and welcome to week #49 of 2021. 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