Egyptian Minister, Japanese Ambassador review cooperation plans in Cairo

Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, met with Japan’s Ambassador to Cairo, IWAI Fumio, to discuss the implementation plan for outcomes from her December 2024 visit to Japan. The meeting, held at the ministry’s headquarters in the New Administrative Capital, focused on strengthening bilateral cooperation…

Striving to digitize real estate appraisal nationwide: FRA Chairperson

Mohamed Farid, Chairperson of the Financial Regulatory Authority (FRA), highlighted the Authority’s ongoing efforts to digitize real estate appraisal by developing electronic applications to assist appraisers in various regions. These applications will include all the necessary details for issuing appraisal reports and will lay the foundation for creating real estate…

Egypt’s Al-Mashat, EU official discuss €4bn macro-financial assistance programme

Egypt’s Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, met virtually with Elena Flores, Deputy Director-General of the European Commission and Head of International Economic and Financial Relations, to discuss the next phase of the Egypt-EU Strategic Partnership’s economic component. The meeting, which included representatives from key European…

CBE explains decline in inflation during December 2024

Annual urban headline inflation decreased to 24.1% in December 2024, down from 25.5% in November 2024, marking the lowest rate in two years. This decline is primarily driven by a reduction in food inflation, which steadily decreased over the course of 2024. In December, lower prices for fresh vegetables offset…

Egypt, Nigeria elevate ties to comprehensive partnership

Egypt and Nigeria have agreed to elevate their relationship to a “Comprehensive Partnership,” following the third round of political consultations, the first at the ministerial level, held in Cairo on Saturday. Egyptian Foreign Minister Badr Abdelatty and his Nigerian counterpart, Yusuf Maitama Tuggar, led the discussions. The ministers commended the…
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