Egypt’s business recovery signals broad stabilisation in the economy

Dubai: Egypt’s Purchasing Managers’ Index (PMI) for March 2019 broadly indicated stabilisation of the health of the Egyptian non-oil private sector economy. The headline PMI rose from 48.2 in February to 49.9 in March. The latest reading was the highest for seven months, with improvement last seen in August 2018. “Egypt’s PMI rose to a […]