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The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...
Key African economies are set to stake out different approaches to interest rates in the coming weeks as they gauge the ...
CAIRO (Reuters) -Egypt's core inflation was 11.4% on an annual basis in June, down from 13.1% in May, the central bank said ...
This exceptional measure comes in response to ongoing disruptions in telecommunications services, which have affected the ...
We must enhance cooperation between the central banks of the BRICS countries and advance our efforts in enabling financial ...
The Central Bank of Egypt (CBE) has instructed banks to actively support exporting clients in aligning their production ...
The Central Bank of Egypt has increased the daily withdrawal limit to EGP 500,000 to ease operations during a period of ...
Egypt’s net international foreign reserves (NIRs) increased by $174 million at the end of June to $48.7 billion, the highest ...
Starting July 8th, selected bank branches across Egypt will extend working hours to 5 PM on weekdays, while special hours ...
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AllAfrica on MSNEgypt: Net Foreign Assets of Banking Sector Increased By Approximately $1.2 Bn, Reaching $14.7 Bn in May 2025The net foreign assets of the banking sector (the central bank and commercial banks) rose by about $1.2 billion to $14.7 billion in May 2025, compared to $13.6 billion in the previous month.
Egypt and Saudi Arabia share many foreign policy and regional security objectives and have a long and complicated ...
Egypt's central bank had been working to reduce inflation, which has trended downwards from a peak of 38% in September 2023. At its monetary policy committee meeting in April, ...
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