Egypt’s annual urban consumer price inflation rate eased to 25.5% in November 2024, marking its lowest level since December 2022, according to data from the Central Agency for Public Mobilization …
Egypt economy
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Economy
Employment Surge in Egypt non-oil business in September for 3rd consecutive month: PMI report
Egypt’s non-oil sector experienced a significant surge in employment during September 2023, signaling a positive shift in the country’s economic landscape. This growth is a testament to the sector’s resilience …
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The inaugural annual GOEIC forum titled “Shifting Mindsets to Unlock Export Potential,” held on Tuesday at Cairo. During the forum, Egypt’s Planning Minister Rania Al-Mashat’s insights at the forum highlight …
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Egypt’s Ministry of Finance has announced a new initiative worth EGP 50 billion. The initiative aims to encourage the construction of more hotel rooms, catering to the growing number of …
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Sharp swings have been observed in Egypt’s FX black market after the news of the signing of an agreement to implement Ras El Hekma resort, in northwest Egypt, with investments …
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EconomyHighlights
UAE, Kuwait are showing confidence in Egypt’s economy by extending deposits: Bankers
According to banking experts, The recent extension of deposit deadlines by the UAE and Kuwait until 2024 and 2026, highlights the significant role played by Arab countries in supporting the …
