Egypt’s tourism revenues rose by 8% year on year (YoY) in 2023, hitting about $13.2 billion, a government official told Asharq Business.

The Egyptian Mercantile Exchange (EMX) is planning to carry out a restructuring plan by adjusting the listing rules and administrative structure, Al Arabiya reported, citing EMX Chairman Ibrahim Ashmawy.

JP Morgan has decided to exclude Egypt from its Government Bond Index-Emerging Markets (GBI-EM) index, Reuters reported, citing a statement by the American multinational financial services firm.

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.