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Egypt's Finance Minister Ahmed Kouchouk said on Wednesday he is confident Egypt is hitting targets set by the International ...
At its meeting on 10 July, the Monetary Policy Committee of the Central Bank of Egypt (CBE) maintained interest rates unchanged, keeping the overnight deposit rate, overnight lending rate, and main ...
A floating exchange rate and international support have helped draw billions of dollars back into Egypt’s economy. Now the banking industry hopes to see reforms to create a more dynamic private sector ...
The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...
Real estate in Egypt continues to serve as a reliable store of value, supporting steady price growth over the long term: ...
The number of real estate development companies operating in Egypt has grown remarkably over recent years, rising from just ...
Bloomberg on MSN5d
Slim: Egypt's Central Bank Cautious Over InflationEgypt left interest rates on hold, snapping two rounds of monetary easing, as caution about tensions in the region and the ...
The CBE reiterated its mandate to achieve price stability, reaffirming its medium-term inflation target of seven percent (± two percent) by the fourth quarter of 2026. The MPC stands ready to use all ...
Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation ...
A streak of bad news has been hitting Egypt for the last month, but the economy is showing its resilience to internal and external shocks.
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