Inflation in May 2026: A Reassuring Decline and a Cautionary Signal
The key message in May’s data is that headline inflation continued to fall, while core inflation raised a yellow card to markets. Egypt’s inflation data for May 2026 carried a blend of positive signals and cautionary messages at the same
Icon Creations Wins Best VFX Award for BMW Egypt Campaign
Egyptian creative agency Icon Creations has won the Best VFX Award for its work on BMW Egypt’s Ramadan campaign, receiving the honor during the Creative Industry Summit’s People’s Choice Ramadan Awards, held alongside the summit’s 2026 edition in Cairo. The
Forbes Middle East names TMG Ayman Zahran among most influential regional CMOs
Forbes Middle East has named Ayman Zahran, Chief Marketing Officer at Talaat Moustafa Group (TMG) Holding, to its list of the most influential marketing directors in the region. The selection reflects the group’s corporate strategy under the leadership of Hisham
Economic Ministerial Group reviews IMF reform programme, approves updated State Ownership Policy
Egypt’s Prime Minister Mostafa Madbouly chaired a meeting of the Economic Ministerial Group in the New Administrative Capital to review key economic priorities, including progress under Egypt’s reform programme with the International Monetary Fund (IMF), inflation developments, investment reforms, and
Egypt urges increased climate finance for developing countries at Global Environment Facility assembly
Egypt has called for increased financial support for developing countries to help them address climate change, biodiversity loss and land degradation, stressing that global environmental objectives cannot be achieved without adequate, predictable and equitable financing. The appeal was made in
Egypt, DR Congo seek deeper cooperation in water management, climate resilience
Egypt and the Democratic Republic of Congo (DRC) have discussed expanding cooperation in water resources management, climate adaptation and capacity building during talks in Cairo between Egypt’s Minister of Water Resources and Irrigation, Hani Sewilam, and the DRC’s Minister of
CI Capital completes EGP 1.77bn securitisation issuance for Al Oula
CI Capital, one of Egypt’s leading diversified financial services groups, has successfully completed a securitised bond issuance worth EGP 1.77bn for El Taamir Securitization Company, backed by a receivables portfolio originated by Al Taamir for Leasing and Factoring (Al Oula).
Egypt could earn up to $9bn annually from digital talent exports: WorkShift Summit
Egypt could generate between $5bn and $9bn in annual revenues from exporting digital services and remote work talent if the government achieves its target of creating 630,000 jobs through digital services exports by 2029, according to Nermeen El-Nemr, Founder of
Al-Sisi, Tshisekedi discuss water cooperation, Nile Basin coordination and eastern DRC crisis
Egyptian President Abdel Fattah Al-Sisi and Democratic Republic of Congo (DRC) President Felix Tshisekedi discussed expanding bilateral cooperation in trade, investment and water resources, as well as developments in eastern DRC and cooperation among Nile Basin countries, according to a
Trump threatens further strikes as US-Iran tensions spread across Gulf
US President Donald Trump warned on Wednesday that Iran would “pay the price” for delaying a nuclear agreement, raising the prospect of further American military action even as the White House insisted that diplomatic efforts remained on track. In a