
Egypt begins economic recovery
Despite the number of layoffs increasing, Egypt’s private sector experiences its smallest downturn in almost a year, with recovery in output, job creation, inflation levels, and demand
Despite the number of layoffs increasing, Egypt’s private sector experiences its smallest downturn in almost a year, with recovery in output, job creation, inflation levels, and demand
Lower demand contributed to output, the bank stated
Employment rose for first time since April 2012, yet job creation remains modest
HSBC says activity rising at sharpest rate in survey history
Output of private non-oil companies increased significantly in November.