Tag: Egypt PMI
Egypt’s non-oil private sector shrinks further in November after devaluation
Egypt witnessed a deterioration in business conditions in November, the sharpest since the outbreak of the pandemic in early 2020, as inflationary pressures undermined...
Egypt reportedly backing flexible pound amid devaluation calls and IMF talks
Egypt is now backing a more flexible currency to support its economy, a top-level government official said Tuesday, as the Arab world’s most populous...
Egypt’s non-oil activity shrinks further in August, says S&P Global
Egypt’s non-oil private sector activity contracted for the 21st month running in August and the business outlook remains subdued amid growing concerns over the...
Egypt business conditions contracts further in July. Here’s why
Business conditions in Egypt contracted further in July, albeit at a slower pace than the previous month’s two-year low, due to a decrease in...