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Egypt's annual headline inflation remained broadly stable for the third consecutive month, at 26.5 percent in October 2024
This prominence is due to the country's successful economic diversification and reduced reliance on oil
Despite the clear benefits of sustainable tourism, several challenges and barriers hinder its implementation
Expanding non-oil sectors and thriving financial landscape propel the UAE capital’s growth
Growth momentum is expected to strengthen from 2026, supported by the North Field Expansion (NFE) LNG project
The agency highlighted improvements in external finances driven by notable foreign investments and strengthened policy initiatives
Georgieva noted that Egypt's inflation reached 37 percent in 2023 but has decreased to between 25 percent and 26 percent
The Minister noted that women's participation in the workforce has reached 35 percent, surpassing the vision's target of 30 percent
Global factors, especially oil production and OPEC decisions, influence growth expectations for GCC economies
Group’s 2022 activity supported around 398,400 jobs across the UAE, or 14.1 percent of total employment in the non-oil sector
Globally, growth is expected to remain stable but lackluster, with projections of 3.2 percent for both 2024 and 2025
This marks the first consecutive rate reduction in 13 years
