After years of uncertainty and turbulence, Egypt’s economy is beginning to show some signs of recovery, with a marked rise in business confidence helping to strengthen indicators in both capital markets and the broader economy.
Egypt Economy
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Economic update | Egypt: A Ray Of Light
10 Nov 2014
For the Egyptian economy, good news has been tough to come by in recent years. Three years after the January 25 revolution, the continued fallout from broader socio-political instability has brought wave after wave of grim developments, whether it be worker strikes, rising deficits or shrinking reserves.
So it came as something of a relief when, speaking on the sidelines of a...
Economic update | Egypt Year in Review 2013
15 Jan 2014
The past year has been another challenging 12 months for Egypt, but going into 2014, the outlook is more bullish for a country that still offers attractive long-term fundamentals.
Articles & Analysis | Weathering the storm: Conditions for growth remain, despite political setbacks from The Report: Egypt 2013
The Arab world’s second-largest economy, with a GDP of $257.3bn in 2012, according to the World Bank, has undergone more than two years of political transition that has yet to be resolved. The results of this process have had a deleterious effect on vulnerable sectors, such as the nation’s traditionally strong tourism industry, frozen out foreign...
Interviews & Viewpoints | OBG talks to Zafer Çağlayan, Turkish Minister of Economy from The Report: Egypt 2013
Where do you see the greatest scope for growth in bilateral trade and investment with Africa?
Articles & Analysis | Under negotiation: IMF loans engender both hope and uncertainty from The Report: Egypt 2013
The government’s attempts to meet Egypt’s budgetary shortfalls have comprised three broad strands: the sale of government bonds in the domestic market, securing sovereign grants from friendly nations, and attempting to secure a financing package through the IMF, which could help open the door to additional developmental aid from international...