Banks in Egypt show strong recovery indicators from COVID-19 repercussions in 2021
Net profits of banks increase to EGP 107.132bn in December, compared to EGP 88.103bn in September 2021: CBE
Latest in Tag: recovery Highlight
Latest in Tag: recovery
Closed hotels reopen their doors amid expectations of tourism recovery: investors
There are 60,000 closed hotel rooms on the North Coast due to the current decline in tourism
Tourism awaiting recovery after a two-year decline
Tourism revenue declined from $7.3bn in 2014 to $6.1bn in 2015 after the inflow of Russian, European tourists came to a halt
Sluggish recovery expected in regional market
Kitchen noted that there is a liquidity death in the region’s markets, leading to fluctuations in the stock markets
Egyptian tourism sector hopes for recovery in 2016
Sector withstands repercussions of past 5 years; optimism over Egypt’s new contract with a security review company for airports
Egypt economic recovery remains fragile: Report
Egypt’s low competitiveness is one of the structural weaknesses in its economy, which is said to be due to its fragile security situation and risks of political instability
5% GDP growth, 10% budget deficit, 10% inflation by FY 2016/2017: World Bank
Uncertainty still surrounds the financing of mega-projects, World Bank said
Economic recovery positively impacts banks’ performance
Significant rise witnessed in loans and deposits in Egypt’s banking sector in March
Rising from the ashes
Twenty years after genocide, Rwanda makes huge development strides
The struggles of the Mubarak-era asset recovery process
By Waleed Nassar Egypt’s post-revolution efforts to repatriate Mubarak-era assets have garnered widespread international attention since his ouster in 2011.There are serious questions concerning what progress has been made over the past year and a half, however, as the international recovery process has not yielded the results many had hoped. For instance, only three countries …