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Annual urban inflation highest in almost 2.5 years in January
Annual urban inflation hit its highest level in almost two and a half years in January due to rising food…
US firm wants to build plant to make eco-friendly alternatives to plastics
Our first eco-friendly plastic alternatives factory? US environmental safety firm Okeanos and local infrastructure agent Income Egypt unveiled a proposal…
Tourism recovery + gas exports driving 5.5% growth this fiscal year -World Bank
World Bank says tourism rebound, gas exports driving strong growth in Egypt: The World Bank has laid out the drivers…
Investors take a u-turn on green startups + major corporates are killing the five-day work commute
Green startups stocks tumble following last year’s meteoric rise: Electric vehicle startups and several other green tech firms boomed in…
Lebanon could see massive devaluation amid IMF rescue talks + Fuel price hikes worsen hardship in Sudan
Lebanon could see a 93% devaluation of its currency as part of a government plan seen by Reuters to tackle…
Local carbon credit exchange in the works
The Environment Ministry is working with the EGX on a proposal to set up a platform that would allow companies…
Business activity contracts at a faster pace in January
Non-oil business activity in Egypt contracted for the fourteenth consecutive month in January on the back of weaker demand and…
CBE leaves rates unchanged in first meeting of 2022
The Central Bank of Egypt (CBE) left interest rates on hold for the tenth consecutive meeting on Thursday. The CBE…
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