Day: January 10, 2026

Egypt’s Chamber of Tourism Establishments and Restaurants has announced a one-year extension, giving owners of fixed floating restaurants and establishments until 31 December 2026 to regularise their legal and technical status. The decision follows ongoing coordination between the Chamber and the General Authority for River Transport, under the Ministry of…

Egypt’s planning and agriculture ministers have ordered the immediate resolution of obstacles facing small farmers in Aswan, directing the rapid completion of irrigation projects and the distribution of livestock and poultry grants to rural households. During a field tour of the Sustainable Agricultural Investments and Livelihoods (SAIL) project in the…

The Egyptian Drug Authority (EDA) said its chairperson, Ali El-Ghamrawy, participated in a virtual meeting of the African Medicines Agency (AMA) aimed at strengthening regulatory cooperation and integration across the continent. During the meeting, El-Ghamrawy reaffirmed Egypt’s full support for the operationalisation of the agency, underscoring the importance of continent-wide…

The Central Agency for Public Mobilisation and Statistics (CAPMAS) announced that the annual inflation rate in Egypt’s urban areas stabilised at 12.3% in December 2025, unchanged from November. Month-on-month inflation eased to 0.2% in December, down from 0.3% in the previous month, indicating a continued slowdown in price pressures. In…

The outlook for the Egyptian pound in 2026 is shaped by a complex interplay of supportive forces and resistance factors, creating a landscape rich in opportunity but fraught with risk. Domestic dynamics—most notably monetary and fiscal policy—intersect with external influences such as global financial conditions, capital flows, and commodity price…

The Central Bank of Egypt (CBE) reported an increase in local liquidity within the banking sector, which rose to EGP 13.853trn in November, up from EGP 13.686trn in October 2025. In its latest report, the CBE said money supply climbed to EGP 3.750trn in November, compared with EGP 3.679trn a…

Egypt’s net international reserves increased by approximately $4.343bn during 2025, reaching $51.452bn by the end of December, compared to $47.109bn at the end of December 2024, according to data released by the Central Bank of Egypt (CBE). Egypt’s foreign reserves comprise a diversified basket of major international currencies, including the…