Egyptian pound hits record low Published 09 Mar, 2026 05:05am CAIRO: Egypt’s currency fell to a record low, trading at over 52 to the US dollar on Sunday, as the economic fallout...
Egypt sets procurement price of local wheat at $41.32 Published 14 Mar, 2024 03:00am CAIRO: Egypt, a major wheat importer, has set the procurement price of local wheat at 2000 Egyptian pounds ($41.32)...
Egypt inflation seen hitting all-time high in March Published 10 Apr, 2023 06:45am CAIRO: Egypt’s headline inflation rate is set to hit an all-time high in March, a Reuters poll showed on Thursday,...
Egypt’s Sisi visits Saudi Arabia amid financial pressure, regional realignment Published 03 Apr, 2023 12:09pm RIYADH: Egyptian President Abdel Fattah al-Sisi visited Saudi Arabia on Sunday, Saudi state news agency SPA said, as...
Sisi heads to Saudi Arabia amid financial pressure, regional realignment Published 03 Apr, 2023 07:45am CAIRO: Egyptian President Abdel Fattah al-Sisi is travelling to Saudi Arabia on Sunday, according to three ...
Cash-strapped Egypt sells state assets to Gulf nations Published 16 Feb, 2023 06:53am Egypt, sapped dry of dollars despite a $3 billion International Monetary Fund bailout loan, is seeking to boost its...
Egypt’s soaring prices drive home economic pain Published 23 Jan, 2023 07:31am CAIRO: In better times, Om Mohamed’s family used to take holidays at resorts on Egypt’s Red Sea coast. Now there...
Egypt to sell discounted bread to fight inflation Published 17 Jan, 2023 06:02am CAIRO: Egypt’s government will start selling discounted bread to people not enrolled in its bread subsidy ...
Egyptians hit by soaring food prices as dollar crunch bites Published 09 Jan, 2023 07:36am CAIRO: Public anger has been growing for months in Egypt over a severe dollar crunch and soaring food prices. But...
Egypt currency near record low Published 01 Aug, 2022 06:04pm CAIRO: The Egyptian pound plunged on Monday to a near all-time low of more than 19 to the dollar, in the world’s...
Egypt inflation rises to 12.1pc as foreign reserves dip Published 11 Apr, 2022 06:31am CAIRO: Egypt’s annual inflation rate hit 12.1 percent in March, official figures showed Sunday, as foreign ...
Egyptian pound drops nearly 14pc Published 22 Mar, 2022 05:21am CAIRO: Egypt’s pound depreciated by almost 14% on Monday after weeks of pressure on the currency as foreign...