Prime Minister Mostafa Madbouly said many international institutions have praised Egypt’s economic resilience, noting that ...

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 ...

Egypt's progress on structural reforms under an $8 billion International Monetary Fund loan agreement has been mixed, the ...

Poverty and inflation: Egypt's economy hit by global turmoil. By AYA BATRAWY, AP Business Writer Updated Sep 28, 2022 6:35 a.m.

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 ...

Egypt’s annual inflation surged to a new high in January, as Egyptians continue to battle ongoing price hikes and a depreciating currency, the country’s statistics bureau said Thursday.

The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...

Back to homepage / Live news Egypt's economic turmoil squeezes struggling middle class. Cairo (AFP) – With Egypt's economy in crisis, the currency in freefall and inflation skyrocketing, the ...

Egypt inflation Egypt debt & current account balance. Government gross debt as a percentage of Egypt’s GDP is extremely high. It reached a peak of 95.9 percent in 2023 but has been decreasing ...

World Bank (WB) Chief Economist for the Middle East and North Africa (MENA) Region Roberta Gatti discussed the latest forecasts for global and regional economic prospects in an interview with ...

Although the significant drop in inflation rates in February is a positive sign, it raises questions about its fundamental causes and reflection on the Egyptian economy. The main reason for this ...