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, 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
Egypt’s headline inflation eases to 14.6% in May; core rate steady at 13.8%
Egypt’s annual urban consumer price inflation eased to 14.6% in May 2026 from 14.9% in April, the Central Agency for Public Mobilisation and Statistics (CAPMAS) said in a statement on Wednesday, even as inflation on a monthly basis accelerated to
Finance Ministry launches initiative with start-ups to develop smart public services
Egypt’s Minister of Finance, Ahmed Kouchouk, announced a new initiative to collaborate with start-ups in developing smart solutions aimed at enhancing government performance and improving the services provided to citizens. “We are open to all innovative ideas and technological solutions
Egypt identifies 61,000 companies eligible for bourse listing as investment authority, EGX deepen cooperation
Some 61,000 joint-stock companies in Egypt are eligible to benefit from the advantages of listing on the Egyptian Exchange (EGX), representing a promising opportunity to deepen the capital market and expand the base of listed companies, Mohamed Awad, Chief Executive