Egypt’s headline inflation rate fell to its lowest in nearly four years, dropping to 8.7% in July from 9.4% in June; official figures from the CAPMAS statistics agency showed on Thursday.
The latest poverty figures come as Egypt prepares to receive the final $2 billion tranche of a $12 billion loan package negotiated with the IMF in 2016 in return for a strict austerity programme.
Egyptian prosecutors have ordered the release of a trans woman arrested in March on a string of charges including joining a “terrorist” group, her lawyer and a rights group said Monday.
Egyptian security officials have held talks with Palestinian leaders in recent days in part to prevent a new flare-up of tensions between Israel and the Gaza Strip, Palestinian officials said Sunday.
Egypt opened to visitors on Saturday the “Bent” Pyramid built for pharaoh Sneferu, a101-metre structure just south of Cairo that marks a key step int he evolution of pyramid construction.
Egypt’s annual urban consumer price inflation eased to 9.4% in June from 14.1% in May, official statistics agency CAPMAS said on Wednesday, a sharper decline than many analysts had expected after last week’s fuel price hikes.
Egypt has asked international police agency Interpol to track down a 3,000-year-old Tutankhamun artefact that was sold in London for $6 million despite fierce opposition from Cairo, government officials said.
Egypt’s usually tame press did not hold back after the national team’s exit from the Africa Cup of Nations on home soil, branding the side “embarrassing” after a “still-born performance.”
Thembinkosi Lorch scored on 85 minutes to give South Africa a stunning 1-0 victory over Africa Cup of Nations hosts Egypt after a pulsating last-16 clash in Cairo Saturday.
Bafana Bafana and The Pharaohs of Egypt have two squads that are dominated by locally based players, with the South Africans bringing 17 players from the PSL and Egypt 15 from the EPL.