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