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Egypt’s headline inflation slows to four-year low of 8.7% in July

8 August 2019, 3:21 PM

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.

Central Bank of Egypt's headquarter is seen in downtown Cairo, Egypt.

Nearly 1 in 3 Egyptians live below poverty line

30 July 2019, 12:56 PM

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 order release of transgender woman

15 July 2019, 8:12 PM

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.

Palestinian Hamas militants

Egypt security in talks with Palestine leaders to prevent tensions

14 July 2019, 3:31 PM

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 unveils 5,000 year old artifacts near Sneferu’s Pyramid

13 July 2019, 8:55 PM

 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 decreases

10 July 2019, 9:50 AM

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.

The quartz relic sold for $6 mn at a recent Christies auction in London.

Egypt asks Interpol to trace Tutankhamun mask over ownership docs

9 July 2019, 5:24 AM

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.

Egyptian press shames team following Bafana’s 1-0 victory

7 July 2019, 3:22 PM

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.”

Bafana Bafana celebrating victory

Lorch goal for Bafana stuns Africa Cup of Nations hosts Egypt

7 July 2019, 6:34 AM

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.

South Africa, Egypt dominated by locally-based players

5 July 2019, 8:48 PM

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.

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