Having been hard hit by the coronavirus pandemic, Egypt’s tourism sector is hoping for a rebound as the country prepares for a gradual reopening on July 1.
Having been hard hit by the coronavirus pandemic, Egypt’s tourism sector is hoping for a rebound as the country prepares for a gradual reopening on July 1.
Quarantine measures have been extended in Egypt, deepening the impact of the coronavirus on businesses, and small and medium-sized enterprises (SMEs) in particular. The country’s banks are adapting to the crisis through increased digitalisation, but will this prove a lasting change?
As the global economy faces a significant downturn, funds in Egypt are looking to bolster the start-up ecosystem to ensure innovative firms are supported.
Egypt’s total of 1173 recorded Covid-19 cases and 78 deaths, as of April 5, places Africa's third-most populous country significantly below the global per capita averages for both counts as the pandemic continues to disrupt the global economy.
Several positive macro-economic developments gave the Egyptian economy a boost in 2019.
What are the ministry’s priorities with respect to restructuring the public sector, and taking steps to improve efficiency and boost profitability?
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