Fitch Solutions

Banking sector improved significant post-Egyptian pound float, fresh FX, and reforms, says Fitch

Tue, 25 Jun 2024 - 12:13 GMT

According to Fitch, the exchange rate float on March 6, 2024, alongside substantial financing totaling $57 billion, bolstered forecasts for the sector

Evaluating Egypt’s economic growth potential through the eyes of International Institutions

Sun, 31 Dec 2023 - 07:11 GMT

From Fitch Solutions’ most optimistic view of Egypt’s growth to the lowered expectations of the IIF, a diverse range of forecasts paints a complex picture of the country’s potential growth in the coming year as the country faces numerous external geopolitical and economic shocks.

Egypt’s construction industry to expand by 6.8% y-o-y: Fitch Solutions

Wed, 19 Apr 2023 - 02:49 GMT

The Fitch report also forecasted that in the medium-term run, Egypt’s privatization drive will increase the scope for private sector participation in the country’s infrastructure sector and support construction growth

Egypt's agricultural exports hit fresh record high: Fitch Solutions

Thu, 16 Feb 2023 - 04:34 GMT

The Egyptian government is taking serious steps to curb inflation, increase local production and exports, reduce reliance on imports, and bolster both foreign investment and foreign exchange reserves, it added on its official website.

Fitch Solutions lauds gov't efforts to advance private sector participation: IDSC

Thu, 11 Aug 2022 - 11:57 GMT

In a statement, the IDSC said that Fitch Solutions expected Egypt's construction sector to grow by 11 percent on an annual basis in 2022.

Fitch Solutions: Egypt's petrochemicals projects enhance Egypt's position as regional hub for oil, gas

Sun, 06 Feb 2022 - 01:49 GMT

In its report, Fitch said the production of Egypt's petrochemicals sector reached 3.34 million tons during the FY 2020/2021, noting that this sector has achieved a growth in revenues by 50 percent on yearly basis according to the latest data of the Egyptian Petroleum and Mineral Wealth Ministry.

Fitch Solutions commends positive performance of Egypt's consumer sector despite coronavirus

Tue, 31 Aug 2021 - 02:14 GMT

Fitch Agency praised in its report the positive performance of the consumer sector in Egypt,

Egypt one of main emerging markets in maintaining positive growth rate: Fitch Solutions

Sun, 23 Aug 2020 - 03:13 GMT

Egypt’s Cabinets highlighted in an infographic according to the latest Fitch Solutions report for the fourth quarter of 2020.

Brent crude could plunge to ‘single-digit lows’: Fitch warns

Mon, 06 Apr 2020 - 12:45 GMT

The Organization of the Petroleum Exporting Countries and its allies are expected to meet on Thursday — a delay from Monday — in an attempt to agree on production cuts.