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FINANCIAL NEWS
Egypt’s non-oil sector shows decline in July
04 Aug 2016
(MENAFN) Egypt’s non-oil private sector showed signs of decline in July, as business situations weakened to the least extent.
Moreover, the country’s slower declines in output and new work suggested that economic situation had eased, while problems continued elsewhere.
Additionally, exports dropped among instability locally and globally, whereas the rate of job cuts enhanced.
Accordingly, the sector economy recorded below the crucial 50.0 threshold for the tenth straight month in July.
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