In 2017 the World Bank estimated that GDP grew by 3.9% over the year, and forecast it would expand by 4.6% in 2018 – a significant improvement on the 2% average GDP growth rate seen between FY 2010/11 and FY 2013/14. A newly liberalised currency and the recent implementation of a much-anticipated investment framework have also left Egypt well positioned for continued economic expansion in 2018...
Egypt
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Chapter | Country Profile from The Report: Egypt 2018
With a population of nearly 100m, Egypt is the third most populous country in Africa and has long been a key influencer in the Arab world, particularly in terms of its cultural output and political thought. In comparison to the years before 2011, Egypt’s post-revolutionary period has been defined by political upheaval and dynamism. The country has adopted a new constitution, moved to a...
As Egypt enters 2018, a newly liberalised local currency and the recent implementation of a much-anticipated investment framework have left the country well positioned for continued economic expansion: the IMF expects GDP growth to reach 4.5% in 2018 and accelerate to around 6% over the medium term.
Chapter | Construction from The Report: Egypt 2017
As cranes tower over the skies of an ever-expanding Cairo and billboards advertising new housing developments, universities and malls proliferate throughout the city, it is clear that after several years of uncertainty Egypt is in the midst of a construction boom. Large government priority projects, such as the New Administrative Capital, the expansion of the Cairo metro and water treatment...
Chapter | Table of Contents from The Report: Egypt 2017
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