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Business
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Economy
10/24/2021 5:24:34 PM
Fitch Solutions has maintained its projections for Egypt’s real GDP growth and inflation during 2021 at 3 percent and 5.1 percent respectively.
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Economy
9/5/2021 2:55:41 PM
Fitch said that Egypt and UAE are the only countries in the region to maintain progress in their recovery from the pandemic and on their economic reform trajectory
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Business
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Economy
8/15/2021 1:50:00 PM
Fitch also predicted that Egypt’s interest rate will average at 9.25 percent and the US dollar will be traded at EGP 16.20
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Business
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Economy
6/29/2021 1:02:05 PM
Fitch Solutions also expected a slower growth in the global economy owing to lower commodity prices, the expected rising rates in the emerging markets, and supply side constraints
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Business
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Economy
6/13/2021 3:49:45 PM
Fitch expected 2019 demand levels to return by 2024, while jet fuel will take longer to recover by 2026
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Business
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Markets & Companies
5/23/2021 4:08:37 PM
Fitch Solutions said that emerging markets are expected to perform better later in 2021
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Business
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Economy
4/19/2021 4:51:05 PM
Despite that, Fitch Solutions said in its report that Egypt is one of the few countries globally to see real GDP growth amid the COVID-19 crisis
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Business
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Economy
3/26/2021 4:00:00 PM
The report also excluded Egypt from the markets that are expected to see positive indices in 2021 in regards to inflation, commodity prices, reforms and the vaccines' roll out
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Business
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Economy
2/3/2021 3:50:21 PM
Fitch stressed that global recovery will be uneven and diverge sharply in emerging and developed economies, especially as the COVID-19 vaccine rollouts will be uneven across the world
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Business
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Economy
1/11/2021 3:26:13 PM
In December, Fitch Solutions downgraded its economic growth outlook for Egypt to 3.2 percent in 2021, down from the 3.3 percent that was projected in November
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Business
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Economy
12/27/2020 12:51:13 PM
Fitch Solutions expects debt in Gulf States to rise sharply as efforts are elevated globally to transition to a green economy
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Business
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Economy
12/8/2020 7:04:11 PM
Global growth slowed in the fourth quarter of 2020, but forecasts for 2021 seem optimistic
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Business
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Economy
12/6/2020 2:33:08 PM
Fitch Solutions said that strong ties to MENA's countries such as Saudi Arabia, the UAE and Egypt remain, under the Biden presidency, vital to US strategic goals
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Business
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Economy
11/8/2020 1:04:54 PM
In its monthly economic update insights, Fitch Solutions expected Egypt’s inflation rate to record 5.9 percent, and the CBE to keep the interest rates at 9.75 percent until the end of 2020
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Business
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Economy
10/18/2020 2:56:48 PM
Average inflation rate is expected to reach 5.9 percent by the end of 2020, up from the current level of 3.3 percent announced in October, according to Fitch Solutions
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Business
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Economy
10/1/2020 3:07:21 PM
Weak prospects for tourism, investment, and remittance inflows will continue to dampen Egypt’s growth performance, Fitch said
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Business
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Economy
9/24/2020 9:08:25 PM
The MENA region will see overall GDP growth of approximately 3.5 percent, however
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Business
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Economy
7/7/2020 3:13:29 PM
Egypt’s growth looks set to remain positive at 2.6 percent in 2020, reflecting a high growth buffer and favourable calendar effects, head of MENA Country Risk at Fitch Solutions said
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Business
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Economy
10/25/2019 3:59:32 PM
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Business
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Economy
5/3/2019 6:30:42 PM
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