A recent Purchasing Managers' Index (PMI) survey has shed light on the challenges faced by Egypt's non-oil business sector due to the disruption caused by the blockage of the Suez Canal. The survey indicates a notable decline in business activity and output levels, highlighting the significant impact of the canal incident on the country's economy.
According to the survey findings, businesses operating in Egypt's non-oil sector experienced a slowdown in new orders and production during the period following the Suez Canal disruption. This decline in demand and output has raised concerns about the sector's ability to recover swiftly from the setback.
