Egypt
Egypt’s annual inflation jumps to 16.5% in May
Egypt’s annual inflation rate surged to 16.5 percent in May, up from 13.5 percent in April, according to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS).
President of the United Arab Emirates, Sheikh Mohamed bin Zayed Al Nahyan, arrived in Cairo today for a visit to the Arab Republic of Egypt, highlighting the enduring partnership between the two nations.
UAE, Egyptian Presidents discuss strengthening fraternal ties in Cairo © X
President of the United Arab Emirates, Sheikh Mohamed bin Zayed Al Nahyan, arrived in Cairo today for a visit to the Arab Republic of Egypt, highlighting the enduring partnership between the two nations.
Upon landing at Cairo International Airport, Sheikh Mohamed and his accompanying delegation were warmly received by Egyptian President Abdel Fattah El-Sisi.
The visit comes at a time of continued collaboration between Abu Dhabi and Cairo, with both governments frequently coordinating on regional stability, economic development, and humanitarian efforts. The warm reception underscored the strength of bilateral relations and the personal rapport between President El-Sisi and Sheikh Mohamed.
According to official sources, the two leaders are expected to hold further discussions on regional developments, joint initiatives, and avenues for deepening economic and strategic cooperation during the course of the visit.
This visit adds to a series of high-level engagements between the UAE and Egypt, reinforcing a shared commitment to mutual interests and regional solidarity.
By Antoine Khoury
Egypt’s annual inflation rate surged to 16.5 percent in May, up from 13.5 percent in April, according to data released by the Central Agency for Public Mobilization and Statistics (CAPMAS).
The Israeli military said on Thursday that it was attacking Hezbollah targets in Beirut's southern suburbs, and the Lebanese state news agency reported three strikes.
Lebanon has made progress on reforms needed to revive its economy but still has key steps to take and will need external funding on concessional terms, the International Monetary Fund said on Thursday after a week of meetings in Beirut.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.