Latest in Tag: focuseconomics Highlight

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Latest in Tag: focuseconomics


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Egypt’s economy expands healthily in annual term: FocusEconomics

The forecast projected Egypt’s total investments to grow by 14.4% in FY2021/22 — up by 0.4 percentage points from last month’s forecast — and 9.3% in FY2022/23. It also projected a GDP growth of 5.4% in FY2021/22, which is unchanged from last month’s forecast. Moreover, it expected a GDP growth rate of 5% in FY2022/23.

Shaimaa Raafat

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Egyptian economy in good shape as FY 2018 ends: FocusEconomics

Egypt’s economy seems in good shape as annual economic growth accelerated in the January-March period to reach a multi-year high. Additionally, in May, foreign reserves hit a record monthly high and, in April, business conditions in the non-oil private sector were in positive territory for only the second time in over two years, according to …

Mohamed Samir

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8.9% expected growth in investments in FY 18: FocusEconomics

The FocusEconomics Consensus Forecast expects total investments in Egypt to grow 8.9% in fiscal year (FY) 2017/2018, up 3.2% from last month’s estimates. The FocusEconomics report said that investments are expected to grow to 10.2% in FY 2019. The report noted that the recent investment and industrial licensing laws are likely to boost investment; consumer …

Shaimaa Raafat

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15.7% expected inflation rate in 2018: FocusEconomics

The FocusEconomics Consensus Forecast expects inflation in Egypt to average 15.7% in the year 2018, which is down 1.1% from last month’s estimate. During 2019, inflation is expected to fall to 11.5%, according to FocusEconomics. Inflation remains stubbornly high in September as urban consumer prices rose 1% from the previous month, down from August’s 1.13% …

Shaimaa Al-Aees

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MENA growth accelerates in 2017 despite GCC’s weak performance: FocusEconomics

The economic activity in the Middle East and North Africa (MENA) region has shown surprising resilience in 2016 despite mounting political and economic headwinds, according to a report recently released by the economic analysis and forecasts provider FocusEconomics. The report reviews the performance of the region throughout 2016. While the region managed to accelerate despite …

Daily News Egypt