El-Sisi directs to raise minimum wage for public sector employees
El-Sisi directs to raise minimum wage for public sector employees. Egyptian President Abdel Fattah El-Sisi directed the government to raise the minimum wage of…
US August’s slightly disappointing inflation print should not alter expectations of a pause in rate hikes at this week’s Fed meeting
US August’s slightly disappointing inflation print should not alter expectations of a pause in rate hikes at this week’s Fed meeting. However, Fed officials…
Egyptian Pound seen as overvalued; market anticipates further devaluation
Egyptian Pound seen as overvalued; market anticipates further devaluation. The Institute of International Finance asserts that the Egyptian Pound is overvalued by around 10%,…
SID to invest 10 billion EGP in Egypt’s real estate market
SID to invest 10 billion EGP in Egypt’s real estate market. Sultans for Investment and Development (SID), a company that operates as an urban…
Erdogan and El Sisi hold historic meeting, pledge improved Egypt-Turkey relations
Erdogan and El Sisi hold historic meeting, pledge improved Egypt-Turkey relations. Turkish President Tayyip Erdogan and Egypt’s President Abdel Fattah El Sisi met during…
China’s Exports Experience Fourth Consecutive Monthly Decline Amidst Economic Struggles
Egypt’s annual core inflation rate records 40.4% in August
Egypt’s annual core inflation rate records 40.4% in August. Egypt’s annual core inflation rate recorded 40.4% in August, compared to 40.7% last July. The…
Egypt pharmaceutical market ranks first in MENA in 2023
Egypt pharmaceutical market ranks first in MENA in 2023. The Egyptian Exchange’s (EGX) indices witnessed a bullish trend on Tuesday, with market capitalization reaching…
EGX sees bullish trend on Tuesday
EGX sees bullish trend on Tuesday. The Egyptian Exchange’s (EGX) indices witnessed a bullish trend on Tuesday, with market capitalization reaching 1.287 trillion EGP.…
Egypt initially identifies 7 strategic industries to be exempted from taxes
Egypt initially identifies 7 strategic industries to be exempted from taxes. The government has initially identified seven major strategic industries to benefit from the…
