Egypt’s annual core inflation rate recorded 34.2% in December 2023, compared to 35.9% in November, the Central Bank of Egypt (CBE) announced in a press release on January 10th.

The Central Bank of Egypt (CBE) aims to launch the e-pound by 2030, the Information and Decision Support Center (IDSC) revealed in a report on the main strategic targets for the Egyptian economy for the 2024-2030 period.

Egypt is set to establish a company focused on managing real estate export and leasing activities. The company is planned to generate between $2 and $3 billion in revenues, read a report by the cabinet's Information and Decision Support Centre.

The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) maintained interest rates at its last meeting in 2023, according to a press release on December 21st.