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Egypt's non-oil private sector experienced a further decline in business conditions in June, with contractions in output and new orders accelerating, according to the latest S&P Global Purchasing ...
Egypt’s business conditions in its non-oil private sector continued to decline in March with businesses still ‘lacking in confidence’ but there was some relief on prices following policy measures. The ...
The pace of decline in the operating conditions of Egypt's non-oil businesses softened in April due to a slower fall in demand and easing inflationary pressures, a business survey revealed on Monday.
Egypts non-oil private sector saw a continued downturn in June, with business conditions deteriorating for the fourth ...
Egypt’s inflation rate fell in June, ending three months of rises, as officials contend with an interest-rate decision on ...
In its report on Egypt, S&P said that Egypt’s PMI is still below the 50 neutral threshold, indicating a solid deterioration in business conditions that was the second-fastest since June 2020.
Egypt’s net foreign assets (NFAs) tumbled by $3.25bn in November, the second decline in two months, as impending foreign liabilities put the currency under pressure, central bank data showed.
Concerns over unemployment and the spectre of renewed lockdowns loom over Saudi Arabia, Egypt and the UAE.
The report further indicated that business conditions in Egypt’s non-oil economy remained under the pressure of the inflationary wave, supply issues, and geopolitical tensions in April.
(Reuters) -Egypt’s non-oil private sector experienced a further decline in business conditions in June, with contractions in output and new orders accelerating, according to the latest S&P ...