Month: January 2026

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…

Egypt’s Minister of Petroleum and Mineral Resources Karim Badawy on Thursday participated in the official ceremony marking Cyprus’s assumption of the rotating presidency of the European Union, which began at the start of January. The ceremony was held in the Cypriot capital, Nicosia, in the presence of Cypriot President Nikos…

Let’s face it: thinking about your roof probably isn’t your favorite pastime. It’s just… there. Until it isn’t. Then, you’re suddenly lost in a maze of contractor lingo, bewildering material samples, and estimates that make you gulp. But what if we shifted the perspective? This isn’t just about fixing a…

The European Union’s Carbon Border Adjustment Mechanism (CBAM) entered full enforcement on Thursday, placing carbon tariffs on Egypt’s major exports to the bloc—worth $14 billion in the 2024/25 fiscal year. According to Mohamed El-Lethey, International Consultant in Quality and Sustainability, these measures specifically target critical sectors including steel, cement, aluminium,…

The Central Bank of Egypt (CBE) recorded an unprecedented milestone at the close of 2025, as the value of its gold reserves surged by approximately 71 percent year-on-year. By the end of December, the value of gold in Egypt’s vaults reached $18.166 billion, reflecting Cairo’s strategic shift toward hedging with…