Egypt’s urban inflation rate has experienced a slight reduction for the fourth consecutive month, falling to 24% in January, according to the Central Agency for Public Mobilization and Statistics (CAPMAS) on February 10. This marks a modest decline from the 24.1% recorded in December 2024. On a year-on-year comparison, inflation has dropped by 0.8 percentage […]
Turkey’s Foreign Minister Mevlut Cavusoglu welcomed the decision by Moroccan authorities to close the schools affiliated to the group led by the US-based Turkish controversial preacher, Fethullah Gulen. « We welcome the statement by the Ministry of Interior of Morocco that FETO schools will be completely closed within one month, » said Cavusoglu on his […]
Egypt’s external debt reached a record $168.1 billion in 2023, a 2.9% rise from the previous year and the highest level since 2012, according to the World Bank’s International Debt Report (IDR) released on December 3. However, the Central Bank of Egypt (CBE) reported a 5% quarterly decline, with external debt falling to $152.88 billion […]
