August 16, 2026

Egypt’s trade deficit widens to $4.9 B in December 2025

 Egypt’s trade deficit reached $4.9 billion in December 2025, compared with $4.4 billion in the same month of 2024, marking an increase of 12.2 percent, according to the monthly foreign trade bulletin issued on Thursday by the Central Agency for Public Mobilization and Statistics (CAPMAS). The value of exports rose by 6.8 percent to $4.6 […]

El-Sisi calls for regular payments to oil companies to boost exploration

President Abdel Fattah El-Sisi stressed the need to ensure the timely settlement of financial obligations to international oil companies, noting that maintaining regular payments is essential to encourage further exploration and production activities. He also called for establishing a clear framework to enhance exploration, research, and development efforts in order to meet domestic energy demand […]

Egypt’s core inflation accelerates to 12.7% in February

 Egypt’s core inflation recorded a stronger monthly increase in February 2026, according to data from the Central Bank of Egypt. The central bank said the monthly change in the core Consumer Price Index reached 3.0 percent in February 2026, compared with 1.6 percent in February 2025 and 1.2 percent in January 2026. On an annual […]