{"id":638724,"date":"2017-10-12T03:50:38","date_gmt":"2017-10-12T03:50:38","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/12\/regional-economic-growth-prospects-improve-for-2018-pwc\/"},"modified":"2017-10-12T03:50:38","modified_gmt":"2017-10-12T03:50:38","slug":"regional-economic-growth-prospects-improve-for-2018-pwc","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/12\/regional-economic-growth-prospects-improve-for-2018-pwc\/","title":{"rendered":"Regional economic growth prospects improve for 2018 -PwC"},"content":{"rendered":"

<\/a> Egypt delivered a much stronger than expected 2Q2017 growth of 4.9% <\/strong>and \u201cburgeoning central bank reserves could be a lead indicator of higher foreign investment,\u201d <\/strong>according to the PwC Middle East Economy Watch<\/a>. The story was not similar across the region as a whole, as oil prices remained below expectations. Richard Boxshall, Senior Economist at PwC Middle East, said: \u201cWhile the economic and fiscal outturns for the first half of the year are less than anticipated, momentum is building in key parts of the region. These signs suggest that stronger economic growth could return in 2018, so long as oil prices maintain or exceed current price levels.\u201d He added that \u201ca change in the currency regime is only likely to make good economic sense if and when commodities play a much smaller role in the Gulf economies as a result of successful diversification efforts. For most countries, this remains a fairly distant goal.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt delivered a much stronger than expected 2Q2017 growth of 4.9% and \u201cburgeoning central bank reserves could be a lead indicator of higher foreign investment,\u201d according to the PwC Middle East Economy Watch. The story was not similar across the region as a whole, as oil prices remained below expectations. Richard Boxshall, Senior Economist at […]<\/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-638724","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"58fa83d8-a8be-4aae-a4f1-c67b62045ff0","order":"0","is_powered_by":true,"section_story_id":"15f13e8f-dee4-4181-9e2c-21ccec23b9d6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[638714],"teaser":"","voice_url":""},"yoast_head":"\nRegional economic growth prospects improve for 2018 -PwC - 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\/2017\/10\/12\/regional-economic-growth-prospects-improve-for-2018-pwc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Regional economic growth prospects improve for 2018 -PwC\" \/>\n<meta property=\"og:description\" content=\"Egypt delivered a much stronger than expected 2Q2017 growth of 4.9% and \u201cburgeoning central bank reserves could be a lead indicator of higher foreign investment,\u201d according to the PwC Middle East Economy Watch. The story was not similar across the region as a whole, as oil prices remained below expectations. Richard Boxshall, Senior Economist at […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/12\/regional-economic-growth-prospects-improve-for-2018-pwc\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-10-12T03:50:38+00:00\" \/>\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=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/12\/regional-economic-growth-prospects-improve-for-2018-pwc\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/12\/regional-economic-growth-prospects-improve-for-2018-pwc\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Regional economic growth prospects improve for 2018 -PwC\",\"datePublished\":\"2017-10-12T03:50:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/12\/regional-economic-growth-prospects-improve-for-2018-pwc\/\"},\"wordCount\":158,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/12\/regional-economic-growth-prospects-improve-for-2018-pwc\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/10\/12\/regional-economic-growth-prospects-improve-for-2018-pwc\/\",\"name\":\"Regional economic growth prospects improve for 2018 -PwC - 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The crux of PwC\u2019s argument is that Egypt\u2019s road to economic recovery is split into \u201cpre-float\u201d and \u201cpost-float\u201d phases, saying the decision\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":603316,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/18\/egypt-is-a-prime-market-for-education-providers-eyeing-mena-growth-says-pwc\/","url_meta":{"origin":638724,"position":2},"title":"Egypt is a prime market for education providers eyeing MENA growth, says PwC","author":"enterpriseam admin","date":"18 April 2019","format":false,"excerpt":"Egypt is a prime market for education providers and investors who want exposure to the Middle East and North Africa, thanks to healthy investment fundamentals and a gap in the available services, PricewaterhouseCoopers says in its Understanding Middle East Education report (pdf). 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