Egypt’s trade with G20 countries hits $70.4bn in first 9 months of 2025
The Central Agency for Public Mobilization and Statistics (CAPMAS) reported an increase in trade between Egypt and the Group of 20 countries (G20) to $70.4bn during the period extending from January to September 2025, compared to $61.7bn in the same
Egypt’s annual urban inflation rises to 12.5% in October, driven by higher fuel prices
Egypt’s annual urban inflation rate rose to 12.5% in October 2025, up from 11.7% in September, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The increase was largely driven by higher fuel prices, following the government’s decision
Kuwaiti PM arrives in Cairo for talks to bolster economic ties
Kuwaiti Prime Minister Sheikh Ahmed Abdullah Al-Ahmad Al-Sabah arrived in Cairo on Wednesday for talks aimed at strengthening bilateral cooperation in a range of economic sectors, Egypt’s cabinet said in a statement. He was greeted at Cairo International Airport by
Egypt’s foreign exchange earnings surge to $159.6bn in 2023/2024
Egypt’s foreign exchange earnings reached $159.6bn in the 2023/2024 fiscal year, marking a 30.8% increase from the $121.9bn reported in 2022/2023, according to data from the Central Agency for Public Mobilization and Statistics (CAPMAS). This growth was largely driven by
Egypt’s October 2024 trade deficit drops by 16%
The Central Agency for Public Mobilization and Statistics (CAPMAS) has released its monthly Foreign Trade Data for October 2024, revealing a 16% decrease in the trade deficit compared to the same month last year. In October 2024, Egypt’s trade deficit
5.24% increase in manufacturing, extractive industry index for October 2024
The Central Agency for Public Mobilization and Statistics (CAPMAS) has reported a 5.24% increase in the Manufacturing and Extractive Industries Production Index for October 2024. The index, which excludes crude oil and petroleum products, reached 112.32 in October, up from
Egypt-Ireland trade exchange hits $448m in 10M 2024
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced that the trade exchange between Egypt and Ireland reached $448m during the first 10 months of 2024, up from $428m in the same period of 2023, marking a $20m increase.
Egypt’s annual urban inflation slows to 25.5% in November 2024
Egypt’s annual urban inflation rate eased to 25.5% in November 2024, down from 26.5% in October, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The monthly inflation rate registered a modest 0.5%, driven by a 1.9% drop
Strong expectations for fifth consecutive EGP interest rate hold
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is expected to hold its penultimate meeting of the year on Thursday to decide on key interest rates, which are critical indicators of the Egyptian pound’s short-term trends.
Egypt-AU trade exchange rises 5.7% to $9.2bn in 2023
Trade exchange between Egypt and the African Union countries reached $9.2bn in 2023, up from $8.7bn in 2022. This marks an increase of $500m and a growth rate of 5.7%, according to the Central Agency for Public Mobilization and Statistics