Month: May 2023

Is it safe to travel to Egypt?

”Some parts of Egypt have travel advisories in place, while some acts such as drinking in public could land you in hot water. Here’s what you need to know.” From the pyramids of Giza and the temples of Luxor to…

Egypt’s headline inflation slows to 30.6% in April

Egypt’s annual urban consumer inflation in April slowed to 30.6% from 32.7% in March, data from the state statistics agency CAPMAS showed on Wednesday, lower than analysts had expected. Month-on-month, urban inflation slowed to 1.7% from 2.7% in March and…

Inflation, IMF austerity and grandiose military plans edge more Egyptians into poverty

Increasing numbers of Egyptians are desperately hunting for second jobs, cutting back on eating meat and scrambling to find new ways to cope with soaring prices, amid a worsening cost-of-living crisis. Ahmed Fawzi is searching for a second job even…