CBE explains August’s inflation rise after 5-month decline
Egypt’s annual urban headline inflation ticked up to 26.2% in August 2024, compared to 25.7% in July 2024. In line with the recent fiscal consolidation measures, annual inflation outturns in…
SCZONE chief showcases Egypt’s opportunities in London forum
Waleed Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), participated in the Egypt-UK Investment Forum held in London from 15 to 18 September—the forum aimed to explore economic…
Finance Ministry develops advanced clearing system for investors’ dues, government obligations
Egypt’s Ministry of Finance works on developing new fiscal policies to boost investment, production, and export flows within a stable economic environment, according to Yasser Sobhi, Deputy Minister of Finance.…
Egypt set to launch investment, trade policy vision for 2024-2030
Minister of Investment and Foreign Trade, Hassan El-Khatib, stated that the ministry was preparing a new vision for investment and trade policies for the next decade. This vision will include…
Observations on the Harris-Trump Debate
It is evident, at least according to opinion polls in the United States, that Vice President Kamala Harris has gained an advantage over the Republican candidate and former President Donald…
Egypt focuses on export growth to boost economy: Al-Mashat
Egypt's Minister of Planning, Economic Development and International Cooperation, Rania Al-Mashat, stressed the importance of boosting exports for achieving economic stability and building a competitive economy at the first annual…
Egypt, Hungary sign Nuclear cooperation agreement, discuss Middle East, African issues
Egyptian Foreign Minister Badr Abdelatty and his Hungarian counterpart, Peter Szijjarto, met in Cairo on Tuesday, where they signed a memorandum of understanding on cooperation between Egypt's El Dabaa nuclear…
Nine killed, 2,800 injured in Lebanon by exploding pagers; Hezbollah blames Israel, vows revenge
At least nine people were killed and over 2,800 injured in Lebanon on Tuesday after wireless communication devices, believed to be pagers, exploded across the country. The Lebanese Health Ministry…
Thousands of Amhara killed in Ethiopia since state of emergency, AAA report alleges
A new report from the Amhara Association of America (AAA) alleged that thousands of Amhara civilians have been killed or injured since the Ethiopian government declared a state of emergency…
China begins operation of 1st domestically built AS700 manned airship
China has launched commercial operations for the AS700, its first domestically built manned airship, which will offer tourist flights over the scenic region of Guilin. The AS700 airship, capable of…