The High Commission for Planning reports that inflation continued its downward trajectory for the third consecutive quarter, reaching -0.1% in the fourth quarter of 2025, compared to 2% at year’s beginning. This reversal resulted from a 0.7% contraction in food prices combined with a 0.4% increase in non-food products. The sharp food inflation retreat was […]
The International Monetary Fund on Monday announced a plan to provide immediate debt relief to 25 member countries, including 19 African states to allow them to focus more on the coronavirus pandemic. According to the IMF Managing Director Kristalina Georgieva, the Washington-based institution approved the first batch of countries to receive grants, under its Catastrophe […]
The Islamic State has intensified its war against the Egyptian army in Sinai where the jihadist fighters launched Wednesday deadly coordinated assaults against several military checkpoints. According to Egyptian military officials, over 100 militants and 18 soldiers were killed in yesterday’s fighting which marked an upsurge of violence between government and Islamist combatants. According to […]
