The acceleration of a long-awaited reform programme and continued economic recovery, particularly in the retail and energy sectors, made 2016 a transitional year for Egypt.
Egypt Economy
Displaying 19 - 24 of 40
Economic update | Egypt Year in Review 2016
27 Dec 2016
The government’s drive to boost foreign capital flows has moved forward with the launch of a new foreign direct investment (FDI) council, although there is still room for further improvements.
Economic update | SME financing ramps up in Egypt
30 Jun 2016
In a bid to help improve inclusive growth and employment, Egypt’s central bank has taken aggressive steps to help expand commercial lending to the country’s small and medium-sized enterprises (SMEs).
Economic update | Saudi Arabia’s long game in Egypt
27 Apr 2016
Multiple billion-dollar deals signed recently between Egypt and Saudi Arabia are part of a push by the latter to invest in long-term developmental projects in the North African country.
Economic update | Egypt Year in Review 2015
28 Jan 2016
The year 2015 brought welcome stabilisation and recovery to Egypt, after a difficult post-revolution period marked by continued upheaval and sluggish growth.
A series of moves by the Central Bank of Egypt (CBE) to devalue the pound and limit dollar activity are expected to help shore up foreign reserves and eliminate black-market currency trading.