Fitch Solutions

Tourism revenues in Egypt to rise to $14.4 bln: Fitch Solutions
Business

Tourism revenues in Egypt to rise to $14.4 bln: Fitch Solutions

The Fitch Solutions agency issued a report expecting tourism revenues in Egypt to rise to US$14.4 billion in 2023, compared…
Fitch Solutions warns of high inflation rates in Egypt
Economy

Fitch Solutions warns of high inflation rates in Egypt

Inflation remains a major concern for Egyptians and will lead to a sharp rise in borrowing costs, warned Fitch Solutions,…
Fitch expects Egypt construction industry to expand by 6.8%
Egypt

Fitch expects Egypt construction industry to expand by 6.8%

In 2023, Fitch Solutions forecasts Egypt’s construction industry to expand by 6.8% y-o-y, followed by average annual growth of 7.4%…
Egyptian monthly spending on food and drink reaches LE62bln
Egypt

Egyptian monthly spending on food and drink reaches LE62bln

The monthly spending on food and drink in Egypt reached LE62 billion, according to official statistics issued by the government.…
Egypt among emerging markets most likely to maintain positive GDP outlook: Fitch
Business

Egypt among emerging markets most likely to maintain positive GDP outlook: Fitch

Egypt is one of the few major emerging markets to maintain its positive Growth Domestic Product (GDP) outlook despite the…
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