inflation
Russia is locking up butter as inflation crisis reaches new heights
World
November 18, 2024
Russia is locking up butter as inflation crisis reaches new heights
CNN — Americans have spent the last few years complaining about inflation. But price rises in Russia are eye-watering by…
Gold suffers worst weekly drop in 3 years: Is this beginning of downward trend?
Features/Interviews
November 17, 2024
Gold suffers worst weekly drop in 3 years: Is this beginning of downward trend?
Gold prices plunged significantly, losing more than $220 from its all-time high recorded last month. With gold futures contracts declining…
Why is the US dollar rising in Egypt?
Business
November 8, 2024
Why is the US dollar rising in Egypt?
Economists have attributed the recent rise in the US dollar against the Egyptian pound to a combination of domestic and…
Central Bank of Egypt to meet on October 17 over interest rate
Business
October 2, 2024
Central Bank of Egypt to meet on October 17 over interest rate
The Central Bank of Egypt’s next decision on the interest rate has been highly awaited since the US Federal Reserve…
Economic indicators improve, Central Bank decides to keep rates steady
Business
September 6, 2024
Economic indicators improve, Central Bank decides to keep rates steady
The Central Bank of Egypt has forecast a recovery in the country’s Gross Domestic Product (GDP) in the near future.…
PM says inflation rate down for fourth month in a row
Business
July 18, 2024
PM says inflation rate down for fourth month in a row
Prime Minister Mostafa Madbouly said on Wednesday the inflation rate decreased for the fourth month in a row and and…
Bringing down prices: Government and Central Bank prioritize inflation relief
Egypt
July 5, 2024
Bringing down prices: Government and Central Bank prioritize inflation relief
Prime Minister Mostafa Madbouly reviewed during his meeting on Thursday with Governor of the Central Bank of Egypt (CBE) Hassan…
Egypt’s annual inflation rate falls to 31.8% in April: CAPMAS
Economy
May 9, 2024
Egypt’s annual inflation rate falls to 31.8% in April: CAPMAS
Egypt’s annual urban consumer price inflation slowed further in April to 32.5 percent on a year-on-year basis, down from 33.3…
Inflation in Egypt increases to 36% during February: CAPMAS
Egypt
March 11, 2024
Inflation in Egypt increases to 36% during February: CAPMAS
The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed that annual inflation recorded 36 percent in February compared to…
“Prices increase every hour” – MP calls on strict mechanisms against inflation in Egypt
Business
December 21, 2023
“Prices increase every hour” – MP calls on strict mechanisms against inflation in Egypt
A member of the House of Representatives, Abu Abbas Farhat Turki, a submitted a briefing request to the Speaker of…