inflation

Gold ounce will not drop below $4,000 until the end of 2026: World Gold Council
Economy

Gold ounce will not drop below $4,000 until the end of 2026: World Gold Council

Andrew Naylor, Head of Middle East and Public Policy at the World Gold Council, stated that the direction of gold…
MP slams Madbouly’s government over soaring prices
Business

MP slams Madbouly’s government over soaring prices

The Deputy Chairman of the Planning and Budget Committee in the House of Representatives and head of the Justice Party,…
Egypt’s appliance prices skyrocket 200% amid currency volatility: Experts
Economy

Egypt’s appliance prices skyrocket 200% amid currency volatility: Experts

The Egyptian Tax Experts Association has issued an urgent warning regarding the unsustainable surge in home appliance prices, noting that…
All you need to know about Egypt and Israel record-breaking $35 billion gas deal
Business

All you need to know about Egypt and Israel record-breaking $35 billion gas deal

Israeli Prime Minister Benjamin Netanyahu announced on Wednesday evening the official approval of a major natural gas agreement with Egypt.…
PM says reducing public debt, inflation among key targets of government in 2026
Egypt

PM says reducing public debt, inflation among key targets of government in 2026

CAIRO, Dec 10 (MENA) – Prime Minister Mostafa Madbouly said one of the government’s key targets for 2026 is to…
CBE holds interest rates steady, citing inflation risks and ‘wait-and-see’ approach
Business

CBE holds interest rates steady, citing inflation risks and ‘wait-and-see’ approach

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) met on Thursday, and decided to maintain key…
Why Starbucks is closing hundreds of stores
World

Why Starbucks is closing hundreds of stores

The days of a Starbucks on every corner seem to be coming to an end. For years, Starbucks staked its…
Gold heads for fourth weekly gain amid rate cut expectations
Business

Gold heads for fourth weekly gain amid rate cut expectations

Global gold prices rose during early trading on Friday, heading for their fourth consecutive weekly increase. The growing concerns about…
Central Bank of Egypt cuts interest rates by 2%
Business

Central Bank of Egypt cuts interest rates by 2%

The Central Bank of Egypt (CBE) decided on Thursday evening to cut interest rates on deposits and lending by 2…
Central Bank of Egypt cuts key interest rates
Business

Central Bank of Egypt cuts key interest rates

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE), at the conclusion of its meeting this Thursday,…
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