Egypt Coverage, Breaking News & Insight

Israeli source: We are discussing an Egyptian ceasefire proposal with Gaza

The source said, according to the correspondent of Sky News Arabia, that there is a possibility of reaching an agreement on a ceasefire “within hours”. The Egyptian media had evoked the role

May 10, 2023

News

Core inflation slowed in Egypt for the second month after its all-time high

The annual core inflation rate continued to slow for the second consecutive month since the historic peak recorded in February, which was 40.26%. On a monthly basis, the core inflation rate slowed

May 10, 2023

News

With the release of a new film, an Egyptian response to the “Cleopatra and Netflix” controversy

He described the hour-and-a-half-long YouTube documentary, directed by Curtis Ryan Woodside, as telling the story of “the real Cleopatra”, after Netflix’s choice to cast the role of pharaonic queen in an actress

May 10, 2023

News

Egypt… urban inflation slows to 30.6% in April

A Reuters poll released on Monday predicted that the rate of inflation in Egyptian cities would decline in April from the highest level in five and a half years in the previous

May 10, 2023

News

In an effort to reduce… Moody’s puts Egypt’s credit rating under review

Egypt faces a severe shortage of foreign currency, despite allowing the pound to devalue sharply in recent months. Moody’s attributed the decision to place the country’s foreign and local currency issuances under

May 10, 2023

News

“Dead Alive”…Lebanese describe their lives as “below the poverty line”

Below the poverty line, the Issa family lives in northern Lebanon. Its members are deprived of the basic necessities of life. They wait for someone to come to them with a handful

May 9, 2023

Economy·News·Opinion

Egypt expects budget deficit to rise to 6.9% in next fiscal year

According to a statement from the Ministry of Finance, the budget for the next fiscal year, which will come into effect on July 1, targets government revenue of around £2.1 trillion and

May 9, 2023

News

Egypt’s Sovereign Wealth Fund launches pharmaceutical services and drug trading company

The statement said El-Ezaby Pharmacy, one of Egypt’s largest pharmacy chains, will contribute to the new company with its existing pharmacies and technical expertise in this area. The Sovereign Wealth Fund and

May 8, 2023

News

$713 million is proceeds from the Egyptian Vehicles Abroad Initiative

Egypt launched the initiative in October last year, with the aim of boosting the country’s hard currency earnings, amid a major crisis related to the availability of the dollar, in light of

May 8, 2023

News

Sawiris participates in a project to convert light transport to electricity

Orascom Investment said in a statement to the Egyptian Stock Exchange on Monday that the two parties aim through this partnership to launch a new era in the transport industry through the

May 8, 2023

Climate·News

Egypt- Page 18

Israeli source: We are discussing an Egyptian ceasefire proposal with Gaza

Core inflation slowed in Egypt for the second month after its all-time high

With the release of a new film, an Egyptian response to the “Cleopatra and Netflix” controversy

Egypt… urban inflation slows to 30.6% in April

In an effort to reduce… Moody’s puts Egypt’s credit rating under review

“Dead Alive”…Lebanese describe their lives as “below the poverty line”

Egypt expects budget deficit to rise to 6.9% in next fiscal year

Egypt’s Sovereign Wealth Fund launches pharmaceutical services and drug trading company

$713 million is proceeds from the Egyptian Vehicles Abroad Initiative

Sawiris participates in a project to convert light transport to electricity

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Ahmadis in Bangladesh face fresh threat of persecution

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Egypt- Page 18

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