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home / news releases / EGPT - Why Egypt Is An Emerging Market Stand Out


EGPT - Why Egypt Is An Emerging Market Stand Out

Growth Outlook is favorable: Egypt is poised to outperform other emerging markets in terms of economic growth. According to The World Bank projections, Egypt's economic growth will reach 5.8% in 2020 and 6.0% in 2021, which certainly makes Egypt an emerging market stand out. This will be driven by increased gas production and the surge in tourism. The country's international tourist arrivals are beginning to approach the highs experienced prior to the revolution in 2011. Tourism revenues grew by 50% during 2018 and tourism is expected to maintain a double-digit growth rate for the next

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Stock Information

Company Name: VanEck Vectors Egypt Index
Stock Symbol: EGPT
Market: NYSE

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