The population of Cairo is set to grow by 500,000 this year, more than any other city in the world, adding to the pressure on the country’s economy struggling to recover from six years of political turmoil.
Greater Cairo, a metropolitan area including Cairo and parts of the Giza and Qalyubia provinces, is home to some 22.8 million people andRead more
Egypt’s annual urban consumer price inflation soared to its highest level in more than three decades, hitting 30.2 percent in February, the statistics agency CAPMAS said on Thursday.
It is the fourth consecutive jump in inflation since the central bank abandoned its currency peg to the US dollar on Nov. 3 in a dramatic move that has since seen theRead more
Egypt's annual headline inflation hit a new record high 31.7 percent in February, up from 29.6 percent in January, state statistics body CAPMAS announced Thursday.
In its statement, CAPMAS attributed the spike to price hikes in basic goods and services, which have surged in recent months.
The cost of foodstuffs and beverages rose by 40.5 percent year-on-year. However, theRead more
Egypt's annual inflation rate rose to 31.7 percent in February in comparison with the corresponding period of 2016, according to the Central Agency for Public Mobilization and Statistics (CAPMAS).
The monthly inflation rate also increased by 2.7 percent in February compared to January, the report said.
In the monthly bulletin out Thursday, CAPMAS said prices of food and beverages increasedRead more
As Egypt joins the world in celebrating International Women’s day on Wednesday, feminists and women's rights activists say important steps towards more gender equality have been taken in the country, though some believe much more needs to be done.
The month of March features three women-related events in Egypt; the International Women's Day on 8 March, the Egyptian Women'sRead more
Egypt’s population reached 91 million at home, rising by one million in only six months since December 2015, the Central Agency for Public Mobilization and Statistics (CAPMAS) said.
In a statement released on Tuesday on the occasion of the International Woman Day, CAPMAS reported that the number of females hit 49 percent.
Meanwhile, the number of females working in theRead more
Egypt’s Minister of Investment and International Cooperation Sahar Nasr released on Tuesday the new statistical digest “Children in Egypt 2016” which provides a comprehensive review of key statistics on Egyptian children.
The event was attended by Abu Bake El Gendy, head of the Central Agency for Public Mobilization and Statistics (CAPMAS); Maisa Shawki, Deputy Minister of Health and representative ofRead more
Egypt's trade deficit dropped 19.9 percent in October 2016 compared to the same month in 2015, reaching EGP 27.83 billion, the state's statistics body CAPMAS announced on Tuesday.
On a month over month basis, the trade deficit increased in October 2016, compared to EGP 22.66 billion registered in September.
Exports increased by 21.4 percent year-on-year in October, to reachRead more
The Egyptian cabinet has approved a law abolishing prison sentences in bankruptcy cases and limiting punishment to a monetary fine, Minister of Justice Hossam Abdel-Rehim announced on Wednesday.
Abdel-Rehim said in a press conference that the new law restructuring insolvency procedures aims at establishing a mediating system to reduce resorting to the judiciary in bankruptcy cases.
The law alsoRead more
Egypt's unemployment rate slightly declined to 12.4 percent in the fourth quarter of 2016 (Q4/2016) from 12.6 percent in the previous quarter (Q3/2016), the country's official statistics agency CAPMAS said in a statement on wednesday.
Year on year, the unemployment rate declined from the 12.77 percent registered in Q4/2015.
According to the statement, the number of unemployed Egyptians reachedRead more