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Egypts Ranking

PMI rises to 46.4 yet businesses remain cautious with subdued expectations

Business expectations for the upcoming 12 months were mostly subdued in July, the report explained, noting that only 13% of companies predicted growth of output over the coming year

Egypt’s 2021 FDI inflows makes it 3rd in Arab world with 16.4% of regional inflows

The IDSC’s infographic was based on the Arab Investment and Export Credit Guarantee Corporation’s data released in July

Egypt ranks 4th in MENA for value of energy projects, top Arab country for solar and wind

The APICORP report noted that Egypt’s largest gas projects have an estimated value of around $14 billion, while the country’s largest oil projects are projected to be $12 billion

Egyptian CEOs grab 16 spots on Forbes ME’s latest Top 100 CEO list

Emiratis dominated the list with 19 entries, followed by Egypt’s 16 and Saudi Arabians taking 15 spots. Forbes registered 27 CEOs from the banking and financial sectors, followed by 8 telecom CEOs

Egypt’s PMI records worst contraction in last 2 years during June 2022

Despite the decline in economic conditions, Egypt’s non-oil businesses are looking at the year ahead with a “greater degree” of confidence