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Economics/Financial Analysis News in Egypt

Discussions with Jordanian Ambassador to Cairo in Oil & Gas Domains
Discussions with Jordanian Ambassador to Cairo in Oil & Gas Domains 5/2/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Mr. Ali Ayed, Jordanian Ambassador to Cairo to discuss cooperation between the two countries and review joint petroleum projec...
Africa Economy - December 2016
Africa Economy - December 2016 1/10/2017 - The economy of Egypt grew by a robust pace in 2Q16. GDP expanded 4.5% y-o-y in 2Q16, following the 3.7% expansion in the previous quarter. While reported growth in the private sector slowed from 5.0% ...
Govt to Review Tenders Concluded prior to Pound Flotation
Govt to Review Tenders Concluded prior to Pound Flotation 11/22/2016 - The chairman of the Federation of Industries, Mohamed Al-Sweidy, announced the approval of the Cabinet on the formation of a government commission to review tenders and contracts between the governmen...
Africa Oil Economy - September 2016
Africa Oil Economy - September 2016 10/4/2016 - Inflation in Egypt posted 14.8% y-o-y in July while the central bank policy rate remained at 11.75% from June to August. Deceleration in the country’s non-oil private sector deepened further the previ...
Africa Economy - March 2016
Africa Economy - March 2016 4/12/2016 - In South Africa, GDP expanded by 0.6% y-o-y in the 4Q15, down from 1.0% in the 3Q15. For the full year 2015, growth stood at 1.3% y-o-y, the lowest level since 2009. Mining and construction activities...
Africa Economy - January 2016
Africa Economy - January 2016 2/1/2016 - In Egypt, consumer price inflation posted its highest increase in 17 months in December at 11.9% y-o-y. Similarly, the input cost pressure remained strong in the non-oil private sector as indicated by...
Africa Economy in December 2015
Africa Economy in December 2015 1/14/2016 - Growth in the economy of South Africa slowed to 1.0% y-o-y in 3Q15 from 1.4% in 2Q15 and 2.2% in 1Q15. This marks the slowest rate of growth rate since the 2009 recession. Data showed continued decele...
New Egypt's Gas Field Important For Economy Industry
9/9/2015 - German Legislator Peter Ramsauer Tuesday asserted the importance of the new discovery of Zohr natural gas in reviving Egypt's economy and industry. ...
Africa Economy in July 2015
Africa Economy in July 2015 7/18/2015 - In Egypt, the PMI of June signalled a return to growth in the country’s non-oil private sector, in contrast to the downturn observed over the first five months of this year. The index stood at 50.2 in...
Africa Economy in June 2015
Africa Economy in June 2015 7/4/2015 - GDP in South Africa expanded 2.1% y-o-y in 1Q15, the fastest growth since 4Q13. The mining sector rose for the first time in more than a year while manufacturing remained subdued. The mining sector re...
Africa Economy in May 2015
Africa Economy in May 2015 5/18/2015 - In Egypt, the central bank kept its benchmark interest rate unchanged in April at 8.75%. At the beginning of the year, the interest rate was lowered from 9.25% to 8.75%. Business conditions in the cou...
Africa Economy in April 2015
Africa Economy in April 2015 4/26/2015 - The economy of Egypt expanded 4.3% y-o-y in 2014, notably higher than 2013 growth of 1.5%. Domestic demand has notably improved in 2014 and increased to 5.7% y-o-y in the first three quarters, up from...
Africa Economy in March 2015
Africa Economy in March 2015 3/29/2015 - Economic growth in South Africa slowed to 1.3% y-o-y in 4Q14 from 1.6% in the previous period. For the whole of 2014, GDP posted growth of 1.5% y-o-y, signalling the slowest pace of expansion since 20...
Africa Economy in Feburary 2015
Africa Economy in Feburary 2015 3/7/2015 - In South Africa, the central bank left its key repo rate on hold at 5.75% in January as inflationary pressures eased. The bank said that the bar for rate cuts remained high, and would require a sustai...
Africa Economy in January 2015
Africa Economy in January 2015 1/19/2015 - In South Africa, the trade gap decreased to 5.7 billion rand in November from a revised 21.6 billion rand shortfall in the previous month, due to a sharp drop in imports. Imports shrank faster than ex...
Africa Economy in December 2014
Africa Economy in December 2014 12/11/2014 - South Africa’s GDP grew 1.4% y-o-y in the 3Q14 after platinum mines restarted production following a five-month strike. On a quarterly basis, GDP grew 0.4% in the 3Q from the previous quarter, compare...
Africa Economy in October 2014
Africa Economy in October 2014 10/26/2014 - The Reserve Bank of South Africa kept the repo rate unchanged in September at 5.75%. This followed August’s 25 bps hike. The annual inflation rate accelerated slightly to 6.4% in August from 6.3% in t...
Africa Economy in March 2014
Africa Economy in March 2014 4/10/2014 - The economy of Egypt has seen a modest return to growth in both of production and new orders last month following a deceleration in January. On the other hand, employment in the country’s non-oil prod...
Africa Economy in December 2013
Africa Economy in December 2013 1/15/2014 - The biggest economy in Africa grew at the slowest pace in more than four years in the 3Q amid strikes at car plants cut manufacturing output. South Africa’s GDP rose an annualized 0.7% compared with...
Africa Economy in November 2013
Africa Economy in November 2013 11/29/2013 - South Africa’s manufacturing PMI had improved marginally last month after a sharp fall in September. The index rose to 50.7 from 50.0 in the previous month. The modest recovery came after the index ...

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