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Middle East conflict to hit Egypt and Morocco’s 2026 growth

By CityCalc Newsroom · Thu May 28 2026 · Source: AGBI

Economic growth in Egypt and Morocco will decline this year, driven by the ongoing conflict in the Middle East, the African Development Bank (AfDB) said in a new report. Oil prices rose nearly 2 percent on Thursday morning after the US carried out new strikes on an Iranian milit…

Economic growth in Egypt and Morocco will decline this year, driven by the ongoing conflict in the Middle East, the African Development Bank (AfDB) said in a new report. Oil prices rose nearly 2 percent on Thursday morning after the US carried out new strikes on an Iranian milit…

Curated by CityCalc from AGBI. Read the full article at the source.

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