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Egypt’s annual inflation jumps to 12% in March – CAPMAS
Egypt's annual inflation rate jumped to 12.1% in March 2022, compared to 4.8% in the same month in 2021, according to the latest data by the Central Agency for Public Mobilization and Statistics…
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Egypt’s non-oil economy continues to fall amid inflation, PMI
The S&P Global Egypt Purchasing Managers’ Index (PMI) edged up to 46.9 points last April from 46.5 points in March, as inflation continues to affect the country’s non-oil activities.
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Egypt is hosting North Africa Trade Finance Summit on June 7-8
Egypt is hosting on June 7-8 the North Africa Trade Finance Summit (NATF 2022), which will be held over two days having under theme "Improving Trade Resilience Amid Series of Global Supply Chain…
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Egypt PMI falls to 21-month low in March – S&P Global
Egypt’s non-oil economy suffered a strong decline in business conditions in March, with its Purchasing Managers’ Index (PMI) falling to 21-month low, a survey showed on Tuesday.
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EFG Hermes tops EGX’s brokerage league in March
Egypt-based investment and financial holding company topped the EGX’s brokerage league table once again in March, with a market share of 23.5%, according to figures from the EGX.
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Egypt aims to decrease debt to GDP ratio to below 85% over 3 years; Maait
Egypt is planning to lower its debt to GDP ratio to below 90 percent by the end of the current FY2021/22 — which will conclude at the end of June 2022 — and under 85 percent over the coming three…
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Egypt’s real GDP growth to slow down to 3.1% amid Ukrainian war: EBRD report
Egypt’s real GDP growth is expected to decline to 3.1 percent in 2022, down from 7.2 percent recorded in 2021, and to jump to six percent in 2023, the European Bank for Reconstruction and development…
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South Africa’s largest mining company eyes investing in Egypt
Minister of Petroleum and Mineral Resource Tarek el Molla discussed in a meeting with Peter Steenkamp, Chairman of South Africa's largest mining company, Harmony Gold, the investment opportunities…
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IMF commends Egypt’s interest in investing in irrigation, education, health
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said on Wednesday that the international community is paying more attention to Egypt's interest in climate issues.
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Climate-related disasters pose ‘major’ growth threat in Middle East, Central Asia – IMF
Climate change is affecting the Middle East and Central Asia more than anywhere else in the world, leading to dire economic, financial, and social consequences for the regions, the IMF warned in a new…
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