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Egypt, inflation

Hosted on MSN · 22h

Egypt inflation seen easing to 24.2% in December: Reuters poll

Egyptian inflation is expected to have eased to 24.2% in December as food prices continued to cool, according to a poll released on Wednesday. The median forecast of 13 analysts polled by Reuters was for annual urban consumer inflation to have edged down to 24.

Bloomberg L.P. · 5h

Egypt Inflation Hits Two Year Low, Easing Path to Rate Cut

Egypt’s inflation rate slowed to its lowest level in two years, easing the path for the North African nation’s first interest-rate cut since 2020.

AGBI on MSN · 2h

Egypt’s inflation reached two-year low in December

Inflation has been fuelled largely by an expansion of money supply. Egypt’s supply of M2 money – a measure that includes cash, checking deposits and other deposits readily con

Egypt Unveils Ancient Rock-Cut Tombs and Burial Shafts

The Associated Press on MSN · 22h

Egypt unveils ancient rock-cut tombs and burial shafts in Luxor

Egypt unveiled several discoveries near the famed city of Luxor on Wednesday, including ancient rock-cut tombs and burial shafts dating back 3,600 years. They were unearthed at the causeway of Queen Hatshepsut’s funerary temple at Deir al-Bahri on the Nile’s West Bank,

Miami Herald on MSN · 1d

Ancient ‘well’ found in Egypt turns out to be entrance of forgotten tomb, photos show

Sifting through the sands of the Egyptian desert, archaeologists looked for the telltale signs of ancient ruins. One ancient “well” caught their attention — and turned out to be the entrance of a forgotten tomb.

Barron's · 23h

Egypt Unveils New Archaeological Wonders In Luxor

Egypt on Wednesday unveiled new archaeological discoveries, including the 4,000-year-old tombs of high-ranking officials and artwork from the time of Queen Hatshepsut, at an ancient necropolis in the famed city of Luxor.

6h

Egypt’s Economy Is Damaged. It Sees a Scapegoat, and a Potential Fix, in Refugees.

Palestinians, Sudanese and Syrians fleeing war have found a home in the country. But Cairo says newcomers are straining ...

14h

Egypt uncovers blocks from 18th dynasty Queen Hatshepsut temple

Archaeologists have uncovered intact portions of the foundation wall of pharaonic Queen Hatshepsut's valley temple in Luxor ...

1d

Egypt to Hold Talks on Sending Peacekeeping Troops to Somalia

Egypt will hold talks with Somalia next week to discuss Cairo’s troop contribution inside a multilateral force battling ...

1don MSN

US shifts $100 million in military aid from Israel and Egypt to Lebanon to bolster ceasefire

The Biden administration in its final days is shifting more than $100 million in military aid from Israel and Egypt to ...

Financial soundness indicators highlight resilience of Egypt’s banking sector: CBE

As of the third quarter of 2024, the banking sector has shown significant strength. The capital adequacy ratio stood at a ...

3d

Egypt's non-oil private sector contracts in December as cost pressures rise, PMI shows

Operating conditions in Egypt's non-oil private sector deteriorated in December, with output and new orders falling at the ...

1don MSN

Real 37-Million-Year-Old Whale Skeleton Found in Egypt?

Egypt's Wadi Al-Hitan — or "Valley of the Whales" — is famous for its abundance of fossils from the Eocene epoch.

China’s Asia-Potash to develop industrial complex in Egypt

Under the first phase, the company aims to extract 2 million tons of phosphate annually and convert them into phosphate ...

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