Latest news with #CentralAgency
Zawya
11-08-2025
- Business
- Zawya
Egypt's annual headline inflation records 13.1% in July: CAPMAS
Arab Finance: Egypt's annual headline inflation slowed to 13.1% in July from 14.4% in June, as reported by the Central Agency for Public Mobilization and Statistics (CAPMAS) on August 10th. The inflation rate was mainly driven by a 3% year-on-year (YoY) increase in food and beverage prices, with a 4.3% rise in grains and bread prices and an 11.3% jump in fish and seafood prices. Prices in the alcoholic beverage and tobacco category surged by 23.3% compared to July 2024, while the housing, water, electricity, natural gas, and fuel segment recorded a 20.4% annual increase. Meanwhile, the monthly inflation rate fell by 0.6% in July, with the consumer price index (CPI) standing at 256.5 points. © 2025 All Rights Reserved Arab Finance For Information Technology Provided by SyndiGate Media Inc. (
Arab News
06-08-2025
- Business
- Arab News
Egypt's exports increase 4.6% in May to $4.25bn
RIYADH: Egypt's exports rose by 4.6 percent year-on-year in May to reach $4.25 billion, supported by a significant uptick in petroleum products and ready-made garments. The latest monthly bulletin released by the Central Agency for Public Mobilization and Statistics showed that petroleum product exports rose by 53.5 percent, while overseas sales of ready-made garments climbed by 32.8 percent. Egypt saw export growth in pasta and various food preparations, up by 21.7 percent, along with raw forms of plastics, which increased by 5.7 percent. Egypt's latest trade figures come amid currency pressures, inflation, and shifting global demand, with policymakers focusing on boosting exports and curbing non-essential imports to stabilize reserves and improve the balance of payments. The North African nation's trade performance reflects broader trends in global commerce as regional economies, including Egypt, work to diversify export markets and enhance manufacturing competitiveness. Egypt's trade deficit narrowed to $3.41 billion in May, down from $4.15 billion in the same month of 2024, according to CAPMAS. In parallel, imports fell by 6.7 percent to $7.66 billion, compared to $8.21 billion in the previous year, driven by lower purchases across several categories. Sector highlights While fertilizer exports declined by 48 percent, and fresh fruit exports dropped by 4 percent, other categories also saw downturns. These included fresh onions, which fell by 3.2 percent, and non-crude petroleum oils, which recorded a 48.3 percent drop. On the import side, Egypt reduced its purchases of petroleum products by 34 percent, raw materials of iron or steel by 20.3 percent, primary plastics by 15.9 percent, and iron or steel chemical materials by 18.9 percent. Despite the overall decline in imports, the report highlighted notable increases in some sectors. Natural gas imports surged by 93 percent, while pharmaceutical preparations rose by 19.1 percent. Imports of wood and related products climbed by 17.7 percent, and passenger cars increased by 14.5 percent. The trade developments come as Egypt continues to implement policies aimed at boosting industrial output and optimizing its trade balance through import substitution and export expansion.
The Hindu
29-07-2025
- The Hindu
Lucknow Court grants custody of Chhangur baba to Enforcement Directorate for five days
A Lucknow Court on Monday sent Chhangur Baba alias Jalaluddin, accused in the unlawful religious conversion syndicate case, to five-day Enforcement Directorate (ED). 'Special court, Lucknow, has granted custody of Jamaluddin alias Chhangur baba to ED for five days I.e. till 1.8.2025.,' reads a statement. On July 17, the Central Agency raided 14 places in Uttar Pradesh and Maharashtra allegedly linked to Chhangur Baba. The agency said that he had received funds worth ₹60 crore in 22 bank accounts, including 'large amounts' from abroad. Chhangur Baba and three other people were arrested by the U.P. Police's Anti-Terrorism Squad on July 5. A First Information Report (FIR) filed by the U.P. ATS at a police station in Lucknow under Uttar Pradesh Prohibition of Unlawful Religious Conversion Act, 2021 against four persons including Jalaluddin alias Chhangur Baba alleged that the accused acted in an organized manner to convert individuals from Hindu and other non-Muslim communities to Islam. 'The poor, helpless labourers, weaker sections, and widowed women were lured with incentives, financial aid, promises of marriage, or forced through intimidation, in violation of established procedures for religious conversion by the accused' reads the FIR.
Zawya
16-05-2025
- Business
- Zawya
Egypt's unemployment rate records 6.3% in Q1 2025
Egypt - The unemployment rate in Egypt recorded 6.3% in the first quarter (Q1) of 2025, as reported by the Central Agency for Public Mobilization and Statistics (CAPMAS). This marks a 0.3% year-on-year uptick from the same quarter of 2024. On a quarterly basis, the unemployment rate inched down by 0.1% as compared to Q4 2024. © 2020-2023 Arab Finance For Information Technology. All Rights Reserved. Provided by SyndiGate Media Inc. (
