Economy
Egypt
We see Egyptian real estate and construction sector growth slowly picking up, with strong demographics and increasingly attractive business environment generating higher demand for...
2010-07-26Algeria
We expect Algeria's budget to stay in deficit due to diminishing hydrocarbons revenues and a public spending growth rate in 2010. Over the long term, we see the budget returning to...
2010-07-22Algeria
Economic growth in 2010 will increase to 3.1% in real terms, up from a 2.3% rate recorded in the previous year. Gross fixed capital formation will have the greatest contribution to...
2010-07-22Morocco
We expect Morocco's current account deficit to narrow in 2010 based on a pick up in goods exports and solid growth in current transfers. Over the remaining of the forecast period the...
2010-07-21Morocco
We forecast 3.0% real growth in Morocco's industrial production, driven mostly by energy and mining. While the former has shown the steadiest growth in 2009, growing every quarter,...
2010-07-21Morocco
While we expect a slowdown in Morocco's economic growth to 3.6% in 2010, down from an estimated 4.6% in the previous year, we believe this will be a one-off downturn with average growth...
2010-07-20Tunisia
We maintain our belief that the largely uninterrupted rally in Tunisian stocks cannot continue indefinitely. We pointed out a few weeks back that the technical picture might be suggesting...
2010-07-16Algeria
We expect total external debt to expand throughout 2010. This is primarily based on a three times larger long term debt compared to the previous year, leading to doubling the debt's...
2010-06-25
