VOL. XLIV

No. 09

26-February-2001

EGYPT

Egyptian Economy Shows Signs Of Improvement

Egypt has struggled over the last two years through an economic recession fuelled by the countrys currency/liquidity shortage, inconsistent government economic policies and declining industrial consumption. These factors have undermined key economic sectors, such as cement and construction, and weighed negatively on the banking industry and the Cairo and Alexandria Stock Exchange (CASE). On the upside, recent...