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FinancialNews


  • 04-08-17

    Non-oil sector in Egypt stabilizes in July

    (MENAFN) The downturn in the whole health of Egypt's non-oil private sector eased last month with new orders stabilizing amid the month.

    However, output declined at the slowest pace in 12 months, thereby leading to a marginal drop in input buying.

    Additionally, firms reduced their staffing levels, while new export orders increased for the fourth consecutive month.

    Moreover, the fall in purchasing activity slowed to a marginal pace amid the month, while a decline in buying activity was reported.

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