Egypt confirms subsidized bread price unchanged despite higher diesel prices
Minister of Supply and Internal Trade Sherif Farouk confirmed that the price of subsidized bread will not be affected by the recent hike in diesel prices, remaining unchanged at EGP 0.20 per loaf.
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Egypt’s annual core inflation hits 12.7% in February: CBE
Egypt's annual core consumer price index (CPI) inflation hit 12.7% in February 2026, compared to 11.2% in January, according to the Central Bank of Egypt’s (CBE) data.
USD/EGP exchange rates stable on Tuesday
The exchange rate between the USD and the EGP was stable on Tuesday, hitting EGP 51.94 for purchasing and EGP 52.04 for selling at Banque Misr and the National Bank of Egypt (NBE).
TMG unit, CI Capital launch Awamed Real Estate Investment Fund
Arab Company for Projects and Urban Development, a subsidiary of Talaat Moustafa Group (TMG), has participated in establishing the Awamed Real Estate Investment Fund, in partnership with CI Capital.
El-Sisi reviews plans to upgrade Egyptian airports amid regional conflict
President Abdel Fattah El-Sisi held talks with Prime Minister Mostafa Madbouly and Minister of Civil Aviation Sameh El-Hefny to discuss the ministry’s efforts to upgrade Egyptian airports.
