Latest in Tag: OBG Highlight
Latest in Tag: OBG
Digitalisation spearheads Egypt’s financial inclusion drive: OBG
OBG’s report provides in-depth analysis of Egypt’s response to COVID-19 pandemic in easy-to-navigate, accessible format
Egypt among MENA best-performing economies despite COVID-19: OBG
Writing in its recent publication, “The Report: Egypt 2020”, the group added that, despite the disruptive effects of the pandemic on world economies, this trend looks set to continue.
OBG lauds Egypt’s IT infrastructure, global footprint in outsourcing industry
The budding segment has been supported by the government, which offers financial incentives to outsourcing companies. The Egyptian government has also invested in the necessary telecommunications infrastructure upgrades to support BPO, such as 4G and fibre-optic cable networks, OBG noted.
COVID-19 environmentally damaging, despite CO2 emission drop: OBG
Environmental impacts especially pertinent for emerging markets under significant economic strain, says OBG report
61% of African businesses operating at 60% or less capacity amid COVID-19: OBG
Survey shows tourism, construction particularly hard hit, with about 80% of companies operating at 0-20% capacity
Egypt’s digital start-ups well positioned to respond to COVID-19: OBG
While the pandemic creates significant headwinds across the economy, several funds are seeking to build on the strong track record of the digital sector.
Emphasis on industries less dependent on imported materials should accelerate Egypt’s 2020 growth: OBG
One challenge that remains is impact of economic reforms on consumer spending
Egypt’s bid to enhance the private sector mapped out in OBG’s forthcoming report
EBA signs new MoU with OBG to provide the latter with valuable additional resources to carry out their research
EGP to increase by 3.5% reaching EGP16 per $1 by beginning of 2020: OBG
The OBG explained that it expects an increase in the EGP value by 3.5%, to reach EGP 16 per $1 by the beginning of 2020.
Egypt reaps rewards of structural reforms: OBG
Noteworthy, Egypt has been implementing economic reforms as part of a $12bn three-year programme agreed with the International Monetary Fund (IMF) in November 2016, including the cuts to energy subsidies and pound floatation, as well as the introduction of the value-added tax.
Egypt postpones government’s IPO programme amid emerging market speculation: OBG
Despite volatility, country has fared better than other emerging markets due to economic reforms, says chairperson of HC Securities
91% of Egypt CEOs have positive expectations for local business conditions: OBG
70% of respondents to survey forecast growth of between 3%, 5% in 2018, states OBG’s survey
Macroeconomic picture improves, yet progress needs to be made on unemployment, closing housing gap, financial inclusion: OBG Egypt director
Throughout the past three years, Egypt has been through tough but necessary economic reforms, undertaken by the authorities and supported by the International Monetary Fund (IMF). The reforms aim to improve Egypt’s public finances, curb the budget deficit, and get the currency shortage under control, all while achieving sustainable growth. The economic reforms came after …
New regulatory reforms to support Egypt’s insurance sector: OBG
The series of reforms adopted by the Egyptian authorities to expand insurance penetration, with the expectation that regulatory measures, coupled with the rollout of universal health coverage, will lead to a doubling of premiums within the next five years, according to Oxford Business Group (OBG)’s Egypt economic update issued on Monday. According to the report, …
Egypt has potential to attract 60m tourists in next 10 years: OBG
In 2017, about 8.3m tourists visited Egypt, says OBG Egypt 2018 report
FDI topped $8.1bn in 2016: OBG
Egypt’s economic recovery is gaining ground, with investor interest rising, says OBG editor-in-cheif
Inflation continues to represent challenge to economic stability: Oxford Business Group report
More funding on the way as Egypt’s economic reforms yield results: OBG’s “Egypt Economic Update”
Unified Investment Law to further increase Egypt attractiveness: OBG Africa managing editor
US aid cuts will unlikely deteriorate economic ties
Egypt’s economic reforms on right track, but still plenty of room for improvement: Robert Tashima
Providing an inclusive basis for growth and improving the lives of the average Egyptian is more important than GDP growth
OBG publishes its expectations for Egypt’s Banks
The group expects positive results and describes the outlook as stable
EGP 47.5bn total investments in property market in FY 14/15: OBG
The government must lead the efforts to incentivise social housing because private sector developers seek the higher end of the market, says the report
Djibouti ensures investors profit in dollar: central bank governor
Djibouti’s economy grew by 5% in 2013, by 5.9% in 2015, and it is expected to reach 6% in 2016, says OBG report
Egypt’s power supply gets an encouraging boost
By Oxford Business Group A $9bn deal inked in Egypt will give a substantial boost to the country’s electricity generation capacity, helping the government address power shortages and support a growing population and economy. On 3 June, German industrial conglomerate Siemens agreed to a deal to supply gas and wind power plants that will …
Egypt’s stock market rises amid anti-regime protests
The EGX 30 index, which bears a year-to-date loss of 13%, closed at 4,752.22 points.
Egypt: Health sector looks for private help
However, while advances have been made in basic public health, further expansion will require greater investment from both the state and private industry, if the country is to address challenges weighing on the sector
Egypt: Banks attracting Gulf investors
By Robert Tashima Despite an uncertain political climate and a sluggish economic recovery, the long-term prospects of Egyptian banks are attracting attention from their Gulf counterparts. Two recently announced acquisitions have brought the sector back into the headlines on a positive note, helping offset a recent ratings downgrade. While the transactions also represent the …