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Post-COVID Mideast economies look to the Gulf and Egypt

The region took a hard hit from the pandemic, and it’s far from over, but Egypt and Saudi Arabia are managing better than expected.

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Ongoing construction work at the Maspero station of the Cairo Metro's third line is seen on Nov. 22, 2020, during the visit of France's transport minister; in the background are the Egyptian Foreign Ministry headquarters (R) and the main Maspero Radio and Television Broadcasting building (L). Egypt has the only economy in the Middle East and North Africa that has been growing. — KHALED DESOUKI/AFP via Getty Images

The beginning of the end of the COVID downturn?

The latest International Monetary Fund (IMF) "World Economic Outlook" report this week signals that the transition to the post-COVID economy may come sooner, and with more firepower, than the previous estimate just three months ago

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