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Africa on path towards resolving economic challenges

It is estimated that by 2030, one in five people will be African. Given the continent’s population size, Africa’s labour force has the potential to prompt the global growth for decades. However, in order to do that, Africans must implement the necessary reforms today. As its population matures, governments, institutions, and organisations need to help …

Shaimaa Al-Aees

Agility (part 2)

In the previous article, we looked how important it is for Egypt to have an economy that is resilient to external and internal shocks without unnecessarily constraining the change, innovation, openness, and flexibility necessary to create a sustainable growth. The challenge for policymakers is to find the right balance; and to help them do this, …

Richard Banks

Growth potential in emerging markets is unaffected by rising dollar

The decline in emerging-market currencies since March is the result of the dollar rally. However, emerging markets are still benefiting from synchronised growth in the global economy. That momentum provides a good opportunity to move back into this asset class. The year 2018 started well for emerging markets, until they peaked on 20 March. Since …

Mathieu Nègre

Egyptian economy in good shape as FY 2018 ends: FocusEconomics

Egypt’s economy seems in good shape as annual economic growth accelerated in the January-March period to reach a multi-year high. Additionally, in May, foreign reserves hit a record monthly high and, in April, business conditions in the non-oil private sector were in positive territory for only the second time in over two years, according to …

Mohamed Samir

MoU between CAEU, British prime minister to digitally support Arab economy

The Council of Arab Economic Unity (CAEU) signed a memorandum of understanding (MoU) with the Governmental Digital Service affiliated with the British prime minister, within the framework of the council’s goal to support the Arab economy, particularly in the fields of digital economy and transformation. Mohamed Mohamed Al-Rabie, secretary general of the CAEU at the …

Daily News Egypt

Op-ed review: Talk on economy continues, Ramadan media content

As the holy month of Ramadan started last week, annual TV series are often the subject of commentary in the media and discussion on social media. In state-owned newspaper Al-Ahram, two op-eds tackled the issue. To Adel Sabry, these series shift people’s attention from the purpose of the holy month, which should be focused on …

Amira El-Fekki