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Egypt , Friday 13 December 2019

News Egypt Economy: Egyptian government seeks to do away with popular tuk-tuks

Published on: Tuesday 03 December 2019
Egyptian government seeks to do away with popular tuk-tuks
News source: https://www.chron.com/news/world/article/Egyptian-government-seeks-to-do-away-with-popular-14880414.php

It was a classic example of the state’s contradictory approach toward the informal economy, which accounts for as much as 50% to 60% of Egypt’s GDP, according to the International Labor Organization. ...

News Egypt Economy: Egyptian index points to biggest economic contraction in more than two years

Published on: Wednesday 04 December 2019
Egyptian index points to biggest economic contraction in more than two years
News source: https://www.zawya.com/mena/en/economy/story/Egyptian_index_points_to_biggest_economic_contraction_in_more_than_two_years-SNG_161227057/

Egypt’s non-oil private sector growth slowed to its lowest level in over two years, weighed down by lackluster demand as the Arab world’s most populous nation forges ahead with a sweeping economic ...

News Egypt Economy: Warming World Will Need to Farm a Whole New Egypt to Feed Itself

Published on: Thursday 16 May 2019
News source: https://www.bloomberg.com/news/articles/2019-05-17/commodity-traders-could-be-a-key-beneficiary-of-climate-change?srnd=climate-changed

Over the next three decades, a hotter environment means international trading volumes for grains including wheat, corn and rice will rise as much as a fifth, with landmass the size of Egypt entering . ...

News Egypt Economy: Egypt's Sisi opens huge suspension bridge over the Nile

Published on: Tuesday 14 May 2019
News source: https://www.reuters.com/article/us-egypt-economy-idUSKCN1SL18N

CAIRO (Reuters) - Egyptian President Abdel Fattah al-Sisi on Wednesday opened a suspension bridge over the Nile touted as the world’s widest, one of a series of military-led, mega-projects designed to ...

News Egypt Economy: Egypt's economy to expand 5.3% by end June this year

Published on: Saturday 11 May 2019
News source: https://www.zawya.com/mena/en/economy/story/Egypts_economy_to_expand_53_by_end_June_this_year-SNG_144237895/

JEDDAH — Egypt’s ongoing fiscal reforms and improving tax collection will help narrow the high fiscal deficits, but public debt levels will remain high, S&P Global Ratings revealed on Saturday. The ...