News
Egypt's Annual Urban Inflation Slows to 14. 6% in May
2+ hour, 17+ min ago (229+ words) Egypt's annual urban consumer price inflation eased to 14. 6% in May 2026 from 14. 9% in April, according to data released by the Central Agency for Public Mobilisation and Statistics (CAPMAS). While the annual rate declined, monthly urban inflation accelerated to 1. 6% from 1. 1% in April....
Dubai Future Foundation Opens Applications for Third FEEL Cohort
1+ day, 2+ hour ago (269+ words) 30 leaders will be selected to join Dubai Future Foundation's FEEL programme, exploring emerging tech, foresight, and innovation. The Dubai Future Foundation (DFF) has opened applications for the third edition of 'FEEL: A Disruptive Futures Programme', a three-week immersive initiative designed…...
Egypt Invested Over USD 6 Billion in Telecoms Since 2019
2+ day, 17+ hour ago (334+ words) In February, 410 MHz of new spectrum was allocated to the four operators for USD 3. 5 billion. More than USD 6 billion has been invested in the development of Egypt's fixed and mobile internet infrastructure since 2019, according to figures presented during a review…...
Saudi GDP Reaches USD 1. 31 Trillion as Non-Oil Economy Expands
3+ day, 1+ hour ago (246+ words) Non-oil activities accounted for 55% of the Kingdom's economy in 2025, according to the latest National Transformation Program report. Saudi Arabia's real GDP reached USD 1. 31 trillion in 2025, with non-oil activities accounting for 55% of the economy, according to the National Transformation Program 2025 Annual…...
EGP 90 Billion Allocated to Production & Export Support in Egypt
1+ week, 3+ day ago (210+ words) Egypt's 2026/2027 budget includes EGP 90 billion for exports, industry, tourism and entrepreneurship support. Egypt's budget for fiscal year 2026/2027 includes EGP 90 billion in allocations for programmes supporting production, exports and entrepreneurship, according to the Ministry of Finance. Minister of Finance Ahmed Kouchouk…...
Egypt's Investment Funds Hit $7. 8 B in Q1 2026
4+ week, 20+ hour ago (295+ words) Assets climbed from $5. 97 billion by March as funds reached 187 and individuals held 74% of certificates. Net assets of investment funds operating in Egypt rose to around $7. 8 billion by the end of March 2026, according to the first performance report on investment funds…...
Egypt Food Exports Reached USD 1. 68 Billion in Q1 2026
1+ mon, 3+ day ago (258+ words) Arab markets took 47% while exports to the European Union and the United States rose to 11. 3% and 32. 4% year on year. Egypt's food industries recorded exports of USD 1. 681 billion in the first quarter of 2026, according to the Food Export Council, marking a…...
Egypt & Saudi Rank Among Top 20 Global Economies by Purchasing Power
3+ mon, 4+ day ago (254+ words) Egypt ranks 18th with a PPP-adjusted GDP of $2. 53 trillion, while Saudi Arabia stands 16th at about $2. 845 trillion, according to IMF estimates. Egypt and Saudi Arabia have been ranked among the world's 20 largest economies by purchasing power parity (PPP) in 2026, according to estimates…...
The Recession Indicator Edit
4+ mon, 2+ week ago (80+ words) cairoscene. com Eman Alali Struggles to Let Go in Indie-Folk Ballad 'Packing Away' The Recession Indicator Edit Jordan Opens Fentek Academy & Lab to Advance Fin Tech First Specialised AI Diploma for Bankers Launches This Year Cairo Cafe Limbo Exists Sometime…...