Egypt's annual headline inflation recorded 16.5% in May, versus 13.5% in April, as reported by the Central Agency for Public Mobilization and Statistics (CAPMAS) on June 4th.

The Egyptian Cabinet has approved petroleum commitment agreements for five projects, signed between the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC), and several international companies, as per a statement.

Egypt’s annual core consumer price index (CPI) inflation recorded 22.6% in January 2025, compared to 23.2% in December 2024, according to the Central Bank of Egypt (CBE) data.

Egypt has achieved a record number in tourist arrivals in 2024, receiving 15.7 million tourists, despite the region’s geopolitical conditions, Minister of Tourism and Antiquities Sherif Fathy highlighted.