Egypt left interest rates unchanged, opting for caution after inflation unexpectedly quickened for the first time in five ...

Egypt's non-oil private sector recorded its fastest growth in five years in November, driven by sharp increases in output and ...

CAIRO (Reuters) - Inflation in Egypt is estimated to have climbed to 27.0% in October, pushed up by higher education costs and a fuel price increase in the middle of the month, according to a poll ...

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.

CAIRO (Reuters) -Egypt's annual urban consumer price inflation rate dropped more than expected to 25.5% in November, its lowest since December 2022, data from statistics agency CAPMAS showed on ...

In a bid to soften the social impact of Egypt’s economic reform program, Prime Minister Mostafa Madbouly pledged that his ...

The Central Bank of Egypt kept its overnight interest rates on hold on Thursday, saying it hoped to contain an acceleration ...

Egypt's cabinet economic cluster, headed by Prime Minister Mostafa Madbouly, projects a continued decline in inflation in ...

Egypt’s newly raised minimum wage of EGP 7,000 was meant to ease pressure on workers, but uneven enforcement and soaring ...

DUBAI, United Arab Emirates (AP) — Stores are selling winter clothes from last season in the middle of summer. Repair shops lack spare parts for appliances. There's a waiting list to buy a new car.

Inflation has continued to bite hard across Africa, remaining one of the toughest economic pressures weighing on households, governments, and businesses in ...

CAIRO (Reuters) - Urban inflation in Egypt is likely to creep above 14 percent year-on-year in December, the highest level since January, driven by domestic food price rises and base effects, seven ...