CAIRO
Egypt
1 June 2020
11:00AM, local time (UTC +2)
Cairo
Egypt’s economy was expected to grow 5.8% in the current fiscal year ending on June 30, and 5.9% in 2020/21. Assuming a continuation of macroeconomic reforms and a gradual improvement in the business environment, economic growth is expected to be less effected by covid-19 in comparison the neighbouring countries.
Egypt’s cosmetics market has actually maintained steady growth over the last 5 years and analysts think that this trend will continue after this emergency. Egypt beauty market is expected to grow double digits.
Egypt’s cosmetics market has actually maintained steady growth over the last 5 years and analysts think that this trend will continue after this emergency. Egypt beauty market is expected to grow double digits.