EGP appreciates vs US dollar for 8th straight day
The Egyptian pound (EGP) edged up against the US dollar (USD) on Tuesday, May 20, 2025, according to data from the…
Author
Egypt, Germany vow to advance industrial zone project in SCZone
Egypt’s Minister of Investment and Foreign Trade Hassan El Khatib and the German Minister of Economy and Energy,…
EU provisionally agrees to €4bn aid for Egypt
The European Council has reached Monday a provisional agreement with the European Parliament to disburse Egypt €4…
Egypt’s annual urban inflation rises in April ’25
Egypt’s annual urban headline inflation edged up to 13.9 per cent in April 2025, from 13.6 per cent in March,…
EGP stable vs USD in early Tuesday trade
The Egyptian pound (EGP) almost stable against the US dollar (USD) during early trading on Tuesday, May 20, 2025.
Egypt’s Sisi, Lebanon’s Aoun discuss Israeli violations, Gaza war
President Abdel Fattah El Sisi reaffirmed Egypt’s unwavering support for Lebanon’s sovereignty and internal…
Egypt’s GDP growth to reach 5% in Q1 ‘25
Egypt’s economy showed signs of recovery in early 2025, with preliminary estimates pointing to 5.0 per cent…
Egypt’s inflation slows sharply in Q1 ’25 after years of external, domestic shocks
Egypt’s inflation continued to ease in early 2025, with both headline and core rates recording sharp declines,…
Egypt’s c. bank forecasts growth rebound in FY2024/25 as economy recovers
Egypt’s Central Bank expects real GDP growth to rebound to 4.3 per cent in the fiscal year 2024/25, up from 2.4 per…
Egypt’s c. bank expects inflation to reach target by late ’26
The Central Bank of Egypt (CBE) expects inflation to continue declining over the coming two years, gradually moving…
AfDB 2023