{"id":621234,"date":"2018-11-04T05:08:29","date_gmt":"2018-11-04T05:08:29","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/04\/correction-3\/"},"modified":"2018-11-04T05:08:29","modified_gmt":"2018-11-04T05:08:29","slug":"correction-3","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/04\/correction-3\/","title":{"rendered":"Correction"},"content":{"rendered":"<p><strong>CORRECTION-<\/strong> We had picked up an incorrect report from the domestic press last week claiming that Egypt\u2019s non-oil exports rose 7% y-o-y in 9M2018 to USD 16.6 bn. Exports actually rose 11% y-o-y during the period to reach USD 18.5 bn compared to USD 16.6 bn during the same period last year, according to a <a href=\"https:\/\/ent.news\/2018\/11\/228.pdf\">Trade Ministry statement (pdf)<\/a>. We\u2019ve <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/30\/egypts-non-oil-exports-rose-7-in-9m2018\/\">fixed the mistake<\/a> on our web edition.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CORRECTION- We had picked up an incorrect report from the domestic press last week claiming that Egypt\u2019s non-oil exports rose 7% y-o-y in 9M2018 to USD 16.6 bn. Exports actually rose 11% y-o-y during the period to reach USD 18.5 bn compared to USD 16.6 bn during the same period last year, according to a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621234","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"bc5689a5-bee3-462e-9f7f-b4de95db2117","order":"0","is_powered_by":true,"section_story_id":"34503f00-5e70-452d-8efa-b46f3acbb1b6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[621212],"teaser":"","voice_url":""},"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>Correction - 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\/2018\/11\/04\/correction-3\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Correction\" \/>\n<meta property=\"og:description\" content=\"CORRECTION- We had picked up an incorrect report from the domestic press last week claiming that Egypt\u2019s non-oil exports rose 7% y-o-y in 9M2018 to USD 16.6 bn. 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Imports have gone up 14% y-o-y in the same period, reaching USD 49.1\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":579369,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/05\/current-account-deficit-narrows-20-in-1q-2022-23\/","url_meta":{"origin":621234,"position":1},"title":"Current account deficit narrows 20% in 1Q 2022-23","author":"enterpriseam admin","date":"5 February 2023","format":false,"excerpt":"Higher FDI, exports and tourism revenues are easing balance of payments pressures.","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/68.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599831,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/13\/egypts-current-account-deficit-narrows-marginally-bop-nets-usd-248-1-mn-in-1qfy18-19\/","url_meta":{"origin":621234,"position":2},"title":"Egypt\u2019s current account deficit narrows marginally, BoP nets USD 248.1 mn in 1QFY18-19","author":"enterpriseam admin","date":"13 January 2019","format":false,"excerpt":"Egypt\u2019s current account deficit narrowed marginally to USD 1.751 bn in 1QFY18-19, down from USD 1.754 bn during the same period last year, according to a CBE report (pdf). The balance of payments recorded a surplus of USD 248.1 mn, down from USD 5.1 bn in 1QFY17-18, while the trade\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":590812,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/26\/current-account-deficit-narrows-in-3q-2022-23\/","url_meta":{"origin":621234,"position":3},"title":"Current account deficit narrows in 3Q 2022-23","author":"enterpriseam admin","date":"26 July 2023","format":false,"excerpt":"Current account deficit reaches USD 3.5 bn","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/1042.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570355,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/29\/earnings-watch-orascom-construction-profits-dip-16-2-y-o-y\/","url_meta":{"origin":621234,"position":4},"title":"Earnings watch: Orascom Construction profits dip 16.2% y-o-y","author":"enterpriseam admin","date":"29 March 2020","format":false,"excerpt":"EARNINGS WATCH- Orascom Construction profits dipped 16.2% y-o-y in 2019 to USD 121.3 mn, compared to USD 144.7 mn the previous year, the company said in its earnings release (pdf). 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The company attributed the drop in profits to higher net\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":626422,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/egypt-bop-nets-usd-11-0-bn-surplus-cbe\/","url_meta":{"origin":621234,"position":5},"title":"Egypt BoP nets USD 11.0 bn surplus -CBE","author":"enterpriseam admin","date":"2 July 2018","format":false,"excerpt":"Egypt\u2019s current account deficit fell 57.5% y-o-y to USD 5.3 bn in 9M2017-18, down from USD 12.5 bn in the same period last year. \u201cThis improvement was an outcome of the increase in both services balances surplus by 138.2% and net current transfers by 23.2%, [as well as a] retreat\u2026","rel":"","context":"In &quot;Speed Round&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/621234","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=621234"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/621234\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/621212"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=621234"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=621234"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=621234"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=621234"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=621234"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}