A Reuters poll showed Egypt's inflation rate fell to 14.5 percent in February.
According to data compiled by Reuters from Feb. 27 to March 5, annual consumer price inflation in Egyptian cities fell to 14.5 percent from 24 percent in January.
The Egyptian economy received support from Abu Dhabi’s investment in a $35 billion real estate project on the Mediterranean coast in February 2024, and from an $8 billion financial support package that Egypt signed with the International Monetary Fund on March 6, 2024.
Source (Al-Sharq Al-Awsat Newspaper, Edited)
