The Central Bank of Egypt (CBE) said that Egypt’s annual core inflation rate declined to 7.8 percent in May 2019, from 8.1 percent in April 2019, according to a report. Core inflation discounts or strips out certain categories that are considered more...اقرأ المزيد
Lebanese President Michel Aoun stressed on Saturday that there is no tolerance with terrorism, noting that he will not go easy on those who find justifications for assailants of the state sovereignty and its security institutions. Aoun made the remarks...اقرأ المزيد
Moroccan Minister of Industry, Investment, Trade, and Digital Economy Moulay Hafid Elalamy said that King Mohammed VI is keen on promoting relations with Egypt. In statements to MENA on Friday, Elalamy expressed his interest in establishing joint projects...اقرأ المزيد
UAE Minister of State for Foreign Affairs Anwar Gargash on Saturday underscored the importance of peaceful political transition in Sudan. “Dialogue is the only way out of the current sophisticated circumstances,”Al Arabiya channel quoted...اقرأ المزيد
President abdel Fatah al-Sisi will receive his Eritrean counterpart President Isaias Afwerki at Al-Ittihadya palace, according to a Saturday statement issued by presidential spokesman Bassam Rady. Erirean President arrived Saturday in Cairo for a two-day...اقرأ المزيد
Imports from 14 countries decreased by 21.4 percent in January and February compared to the same months last year to become $3.3 billion instead of $4.2 billion with a decline worth $907 million. The Central Agency for Public Mobilization and Statistics...اقرأ المزيد
A number of parliamentarians highlighted the Egyptian Central Bank’s announcement concerning the rise of foreign exchange reserves (forex reserves) to $44.27 billion at the end of May. Foreign exchange reserves is defined as the foreign-currency...اقرأ المزيد
St. Petersburg International Economic Forum (SPIEF) kicked off on Thursday in Russia under the theme “Creating a Sustainable Development Agenda” and with the participation of representatives of 140 countries, amid an active Arab presence....اقرأ المزيد
U.S. President Donald Trump said on Thursday he would decide whether to carry out his threat to hit Beijing with tariffs on at least $300 billion in Chinese goods after a meeting of leaders of the world’s largest economies late this month. Relations...اقرأ المزيد
Climate Change impact caused economic losses estimated at $225 billion around the globe in 2018, said Egyptian Minister of Irrigation and Water Resources Mohamed Abdel Atti in his speech at the 18th session of the World Meteorological Organization (WMO)...اقرأ المزيد