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Egypt inflation drops to 31 5%, but food prices still rising

Annual inflation fell slightly in April compared to the previous month as the Central Bank readies its next decision on interest rates.

Al qahirahCentral agencyCentral agency for public mobilizationMonetary policy committeeCentral bankPublic mobilizationAmr emam

Inflation hits 33 9% in Egypt as food prices surge

Egypt’s Central Bank continues to raise interest rates amid surging inflation, but past rate hikes have failed to alleviate the situation.

Egypt monetary policy committeeEgyptian central bankCentral bankCentral agency for public mobilizationCentral agencyPublic mobilizationAmr emamMonetary policy committee

Al-Monitor/Premise poll: Russia s role seen as negative in Turkey, Yemen, Iraq

The Russian invasion of Ukraine hurt the region economically, as supply chain disruptions and food shortages topped respondents concerns in Turkey, Egypt, Yemen and Iraq

Al jizahUnited statesAl qahirahSaudi arabiaAl jazeeraKhalifa hifterFrancisco serranoJoe bidenAbdel fattah al sisiBashar al assadSameh shoukryKurdistan workers partyMiddle eastPremise dataAmr emamEgyptian foreign minister sameh shoukry

Egypt venture capital funding tops $500M in 2022: Report

Egypt led the Middle East and North Africa in the number of venture capital deals last year, according to a report by MAGNiTT. Egypt’s overall economy continues to struggle.

Saudi arabiaAl jizahUnited arab emiratesSam wendelInternational monetary fundMiddle eastNorth africaAmr emam

Report: Egypt venture capital funding tops $500M in 2022

Egypt led the Middle East and North Africa in the number of venture capital deals last year, according to a report by MAGNiTT. Egypt’s overall economy continues to struggle.

Saudi arabiaAl jizahUnited arab emiratesSam wendelInternational monetary fundMiddle eastNorth africaAmr emam

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