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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... 2010-07-26


Algeria

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... 2010-07-22


Algeria

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... 2010-07-22


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Morocco

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... 2010-07-21


Morocco

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,... 2010-07-21


Morocco

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... 2010-07-20


Tunisia

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... 2010-07-16


Algeria

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

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