Waiters and deliverymen receive tips. But so do receptionists, government clerks and hospital nurses. And with Egypt stuck in an economic crisis, even the cost of tipping is inflating.
The survey of 16 economists forecasts GDP growth rising further to 4.9% in 2026/27 and 5.3% in 2027/28, marking a steady recovery after growth slowed to 2.4% in 2023/24.
Similarly, the International Monetary Fund (IMF) hiked its forecast for Egypt’s GDP growth in FY2025/26 to 4.5%, instead of ...
CAIRO (Reuters) -Egypt's economy is forecast to grow 4.6% in the fiscal year to next June as inflation and interest rates continue to fall and a weaker currency boosts exports, a Reuters poll showed ...
Egypt’s headline seasonally adjusted Purchasing Managers’ Index (PMI) rose from 48.8 in September 2025 to 49.2 in October, ...
The Egyptian central bank cut its overnight rates by 200 basis points, its third reduction this year, amid easing inflation and higher economic growth. The bank set the overnight deposit and lending ...
Egypt's non-oil private sector experienced its mildest contraction in three months in October, as new orders and output ...
CAIRO (Reuters) -The Central Bank of Egypt is expected to lower its overnight interest rates by 100 basis points on Thursday as inflation continues to abate, a Reuters poll showed. The median forecast ...
Egypt cut interest rates for the first time since May, seeking to spur investment key to an economic revival while easing some of the Middle East’s highest debt-servicing costs. The central bank ...
CAIRO, Sept 6 (Reuters) - Headline inflation in Egypt is expected to surge to a new record high in August after having broken records in both June and July, a Reuters poll showed on Tuesday, with ...
Poor Egyptians scrap genuine gold for imitation jewellery, but those who have money acquire a large volume of it to protect ...