According to CAPMAS, Turkish investments in Egypt amounted to $167.2 million in the Fiscal Year 2022/2023 (FY22/23), marking a 7.1 percent decline compared to the previous FY21/22 when it reached $179.9 million
During the first 11 months of 2023, the volume of trade exchange between Egypt and Somalia Surged by 26.5 percent, to record $56.3 million, compared to $44.5 million during the same period in 2022
The previously planned three-month ban on onion exports, which was set to commence last week, will now come into effect on 1 October, announced Egypt's Ministry of Trade and Industry on 24 September. This delay is in consideration of existing export agreements. The Egyptian Cabinet had initially announced a three-month prohibition on onion exports on
Egypt's annual headline inflation – which includes commodities such as food and energy prices – increased to a new high of 39.7 percent in August, up from 38.2 percent in July, according to data released by the country’s Central Agency for Public Mobilization and Statistics (CAPMAS) on 10 September. This is Egypt’s third consecutive record-high
Egypt’s annual inflation showed a slight decline in April, providing tentative relief to an economy grappling with rising prices and a weakening currency. According to a monthly report published by the Central Agency for Public Mobilization and Statistics (CAPMAS) on 10 May, Egypt’s annual headline inflation decreased to 31.5 percent in April from 33.9 percent