Recession
A crisis or a change in the business ecosystem can alter how an enterprise functions and can even terminate industries giving rise to others.
In light of experts’ predictions of an unprecedented financial crisis, we examine the repercussions of the global pandemic on developed and emerging markets.
"Egypt will grow around 2 percent, as on the eve of the pandemic Egypt had a high growth rate. It was 5.6 percent in the first half of the last fiscal year," said World Bank’s Country Director Marina Wes.
If the custom U.S. dollar exchange rate is fixed at LE 16.25 per $1 for three months, car sales will improve, car dealer Amr Balba’ said.
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