economy
![Egypt’s annual inflation rate stands at 25.6 percent in August 2024, says CAPMAS](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/09/Egypt-inflation.jpg/w=1024,h=683)
The general CPI rose to 231.1 points in August 2024, reflecting a monthly inflation rate of 1.9 percent
![UAE’s DMCC launches AI Centre to propel global AI solutions](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/09/DMCC-AI.jpg/w=1024,h=682)
The AI Centre will be part of a newly integrated hub that also includes the DMCC Crypto Centre and DMCC Gaming Centre
![Abu Dhabi Crown Prince wraps up visit to India, reinforces bilateral bonds](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/09/Sheikh-Khaled-India-1-1-1.jpg/w=1024,h=683)
Sheikh Khaled emphasized the robust historical, social, and economic connections that the two nations share
![Crypto fraud losses surge to over $5.6 billion in 2023, 45 percent increase from 2022: Report](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/09/Crypto-scams.jpg/w=1024,h=683)
Scammers have increasingly taken advantage of the swift and irreversible characteristics of digital asset transactions, says FBI
![Dubai South grants $40.83 million construction contract for ‘South Living’ project](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/09/Dubai-South-1.jpg/w=1024,h=683)