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Egypt's GDP grows 5.2pc in Q1

Cairo, May 21, 2012

Egypt's gross domestic product (GDP) grew by an annualised 5.2 per cent in the first quarter of calendar 2012 compared to a 4.3 per cent contraction in the same three months a year earlier, Planning Minister Faiza Abu el-Naga said on Monday.     

The popular uprising that ousted Hosni Mubarak from the presidency in February 2011 hammered Egypt's economy last year, closing banks, the stock exchange and many factories. – Reuters




Tags: Egypt | Cairo | Gross Domestic Product |

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