Egypt’s private sector stabilizes as PMI rises to 49.2 in November

Tue, 03 Dec 2024 - 11:28 GMT

Egypt’s private sector is showing signs of stabilization, according to the latest Purchasing Managers’ Index (PMI) data from S&P Global. November’s PMI rose slightly to 49.2, up from 49.0 in October

Egyptian non-oil private PMI rises to 48.4 in November

Wed, 06 Dec 2023 - 07:38 GMT

While downturns in output and new business were observed across various sectors, wholesale and retail companies were particularly affected, experiencing significant declines

Egypt's non-oil sector declines due to supply chain challenges and inflation

Tue, 03 Oct 2023 - 10:43 GMT

The S&P Global Egypt Purchasing Managers' Index (PMI) revealed a decrease from 49.2 in August to 48.7 in September.

CI Ratings revises its outlook on Egypt from negative to stable

Sun, 03 Sep 2023 - 01:14 GMT

The downgrade “reflects the increase in Egypt’s external financing risks due to the country’s high external financing needs and risks to the sufficiency and timeliness of financing inflows.