Italy’s Eni to boost natural gas production in Egypt
Italian energy company Eni plans to boost natural gas production in Egypt by 200 million cubic feet per day starting
According to reporting by Reuters Egypt's annual urban inflation rate slowed for a fourth consecutive month in June, to 27.5% from 28.1% in May, data from the country's statistics agency showed on Wednesday.
June's fall extended the downward shift from a record 38% in September 2023 as authorities have shifted to an inflation targeting model and a flexible exchange rate.
Egypt's core inflation, which strips out volatile items such as fuel and some types of food, eased to 26.6% year on year from 27.1% in May, central bank data showed later on Wednesday.
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