News

Egypt's progress on structural reforms under an $8 billion International Monetary Fund loan agreement has been mixed, the ...
The UNECA boss Gatete said steep currency depreciation, inflation and widening current account deficits have deepened the ...
Egypt's headline inflation rate dropped dramatically last month to 12.8 per cent, down from 24 per cent in January, as the country carries out several reforms amid efforts to stabilise its economy.
Egypt – the most populous Arab nation, with 107 million people – was inching close to insolvency early this year, with a shortage of foreign currency, inflation near 40 per cent and a currency ...
The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...
Prime Minister Mostafa Madbouli said many international institutions have praised Egypt’s economic resilience, noting that ...
Inflation in Egypt rose in August for the first time in five months, the government announced on Tuesday, in a potentially worrisome sign for the Egyptian economy.. Egypt’s annual urban consumer price ...
INTERVIEW: Egypt recovery hinges on inflation, debt control and investment: WB's MENA chief economist ...
The poll predicted annual headline inflation of 20.5% in 2024/25 and 12.05% in 2025/26. Inflation had fallen to 27.5% in June from a record high of 38.0% in September, far above the central bank's ...
Egypt’s first large-scale hybrid solar and battery plant has begun construction as the country looks to its abundant sunshine ...
Egypts non-oil private sector saw a continued downturn in June, with business conditions deteriorating for the fourth ...