Egypt · Country watch
Egypt Lists Muslim Brotherhood, Inflation Falls
Egypt permanently designates the Muslim Brotherhood as a terrorist entity, while core inflation drops to 13.1% in October.
The picture Mixed How this is judged →
Business conditions in Egypt are mixed. The permanent listing of the Muslim Brotherhood as a terrorist entity increases regulatory risks, while a drop in core inflation offers some economic relief. Rising gold prices reflect global uncertainties.
In this briefing Central Bank of Egypt · Muslim Brotherhood · Public Prosecution (Egypt)
Markets
Egypt's Core Inflation Falls to 13.1% in October
Egypt's annual core inflation rate decreased to 13.1% in October from 14.1% in September, according to data released by the Central Bank of Egypt on Monday. Despite the annual decline, the monthly core inflation rate saw an acceleration. This reflects ongoing fluctuations in the country's inflationary trends, impacting consumer prices and purchasing power.
Impact Retailers and consumers experience slight relief in annual inflation, though monthly pressures persist.
Sources: Amwal Al Ghad ↗
Gold Prices Hit Record High in Egypt
Gold prices in Egypt rose on Monday, with the price of 21-carat gold reaching a record 6,225 Egyptian pounds, according to local market updates. The increase reflects broader trends in the global gold market, driven by economic uncertainties and currency fluctuations. Gold remains a popular investment and savings option in Egypt, affecting both consumer buying patterns and retail market dynamics.
Impact Jewellers and gold investors see increased costs and potential for higher returns as gold prices rise.
Sources: Sada El Balad ↗
Politics
Egypt Lists Muslim Brotherhood as Terrorist Entity
Egypt has permanently designated the Muslim Brotherhood as a terrorist entity, according to a decision published in the Official Gazette on Monday. The decision, issued by the Office for Regulating Lists of Terrorist Entities and Terrorists at the Public Prosecution, solidifies the group's status, which was previously subject to time-limited court rulings. This move aims to curb the group's influence and activities within Egypt.
Impact Companies and investors must navigate increased regulatory scrutiny and potential risks associated with affiliations to the Muslim Brotherhood.
Sources: Egyptian Streets ↗
Nothing significant reported today in Regulation · Disruption · Internal tension · Safety & health · Companies · Trade.
Also today in the local press
- Gold prices in Egypt today, Monday, 09 Nov 2026 — Amwal Al Ghad
- Egypt’s PM orders swift settlement of government dues to energy ministries — Amwal Al Ghad
- محافظ أسوان يطلق حملات توعية بيطرية بالمدارس والقرى لمواجهة السعار وحماية الثروة الحيوانية — Al-Fajr
- Egypt to host WEF Country Strategy Meeting on 16-17 Nov. — Amwal Al Ghad
- وزارة الصحة تؤكد توافر لقاح الإنفلونزا الموسمية بمكاتب التطعيم بجميع المحافظات — Al-Fajr
- شبكة إنجليزية تفتح النار على عمر مرموش.. وتحذير من تكرار سيناريو برينان جونسون مع توتنهام — Sada El Balad
- Nvidia CEO Jensen Huang admits affair as company launches investigation into foreign spy claims — Al Masry al Youm
- رئيس جهاز شئون البيئة يناقش مع وفد من البنك الدولي الموقف التنفيذي لمشروع إدارة تلوث الهواء وتغير المناخ بالقاهرة الكبرى — Sada El Balad
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.