Tightening monetary policy prerequisite for achieving inflation targets of 7% (±2%) in 4Q 2024, 5% (±2%) in 4Q 2026: CBE
The CBE stated that the widespread rise in inflation requires more monetary restraint to contain inflationary pressures from the demand side and avoid secondary effects that may result from supply…
Ugandan president says peacekeepers will help stabilize eastern DR Congo
Ugandan President Yoweri Museveni has said that the 1,000-strong peacekeeping force sent by Uganda will help stabilize the restive eastern Democratic Republic of the Congo (DRC). The contingent, under the…
Trump indicted in hush-money payment case
Trump, 76, is said to be the first former US president in American history to be indicted on criminal charges, which remain under seal.
Humza Yousaf becomes Scotland’s first minister: A decade of polls suggest he’ll struggle to deliver independence, just like Nicola Sturgeon
In his victory speech, Humza Yousaf said he was “determined to deliver” independence for Scotland. But Yousaf only narrowly won the contest, which is a significant hindrance to this aim.
Egypt’s IDA gears up to provide its services for investors online
Abdel Karim said that preparations are underway to provide the authority’s services to investors online in a phased manner, in cooperation with e-finance company, as some services will be provided…
Iranian FM says Tehran, Moscow taking final step toward signing long-term cooperation agreement
Hossein Amir-Abdollahian, who left Iran for Russia on Tuesday, made the remarks at a meeting with his Russian counterpart Sergei Lavrov in Moscow, according to Iran's official news agency…
Egypt, Germany discuss promotion of cooperation in communications, digital transformation
The meeting also witnessed the discussion of current and future cooperation projects between Egypt and Germany in the field of communications and information technology, including the existing cooperation between the…
Egypt-Australia trade exchange reaches AUD 1bn in FY2022: Ambassador
He added that Australia and Egypt “have much to gain by cooperating further on dry-land agricultural practices and water management.” The ambassador also discussed tourism, archaeology, and other areas of…
Volatile trading on EGX amid anticipation of interest rate movement
Uncertainty will continue to dominate stock market until interest rates decided: Hassan
Mohamed Nasr El-Din appointed as new CEO of Telecom Egypt
Nasr El-Din thanked the board of directors for choosing him for this position, adding that he looks forward to working with the board of directors and the executive work team…
