All posts tagged "inflation"

The Egyptian central bank’s Monetary Policy Committee (MPC) raised the key interest rates by two percent on...

In recent years, Tortina has grown famous for launching playful variations on the traditional kunafa – a...

The holy month of Ramadan is known to be a time of giving. Throughout its days, those...

Egypt’s Fuel Automatic Pricing Committee (FAPC) has raised prices for different types of fuel in the market...

In a once in a lifetime chance, aspiring entrepreneurs are getting the opportunity to pitch their business...

In the years since the COVID-19 pandemic, Egypt’s side gig economy has encompassed increasingly broad strands of...

The Chairman of the Federation of Egyptian Banks and Banque Misr, Mohamed El-Etreby, revealed on Monday 30...

Egypt is poised to receive the second tranche of its USD 3 billion (EGP 89.3 billion) loan...

The Egyptian pound reached a new low of EGP 30 to the US Dollar on the morning...

Egypt’s Prime Minister Mostafa Madbouly ordered on 9 January 2023 the postponement of any unstarted projects that...

Egypt’s Prime Minister Mostafa Madbouly announced during a cabinet meeting on 25 December that the government is...

Fake currency exchanges and abusive use of credit and debit cards outside of Egypt has been outlawed...

Egypt’s annual urban consumer inflation rate jumped to a five-year high of 18.7 percent in November, as...

On a street corner in Heliopolis lies a refuge for the senses. A pop of vibrant colour...

Amid soaring food prices and an ongoing inflation, Egypt’s cabinet issued a decree penalising vendors who hoard...

The impact of inflation isn’t felt equally by all Egyptians. For the upper middle class, it translated...

As of 27 October 2022, the International Monetary Fund (IMF) and Egypt have reached an agreement for...