Egypt Economic Activity Contracts as PMI Slumps to 31-Month Low

  • Emirates NBD Sees Possible Economic Recovery in Second Half
  • PMIs of Saudi Arabia, U.A.E. little changed in March

Economic activity in Egypt’s non-oil private industries fell to the lowest level in more than two years in March amid concerns over the exchange-rate after the biggest one-time currency devaluation since 2003.

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