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During H1 2025, the Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) cut the interest rates twice, in April and ...
After years of soaring prices, shortages, and market distortions, Egypt’s automotive sector is witnessing a dramatic shift, ...
Falling inflation led the Central Bank of Egypt to cut its overnight lending rate by 225 basis points to 26.0% at its April 17 meeting, and by another 100 basis points on May 22.
The consumer price index rose 2.7% on an annual basis in June 2025, up from 2.4% in May, according to the Bureau of Labor Statistics. However, the full impact of President Donald Trump's tariffs is ...
The falling inflation led the Central Bank of Egypt to cut its overnight lending rate by 225 basis points to 26.0% at its April 17 meeting, and by another 100 basis points on May 22.
The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...
Egypt's annual urban consumer price inflation jumped to a greater-than-expected 16.8% in May from 13.9% in April, data from the state statistics agency CAPMAS showed on Wednesday.
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), headed Egypt's delegation at the third G20 Finance Ministers and ...
Egypt's central bank cut interest rates for the first time in almost five years, reducing the benchmark deposit rate by 225 basis points to 25% and the lending rate to 26%. The rate cut is ...
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Egypt's inflation climbs for a second month on higher food costsEgypt's inflation inched up in April, the second consecutive month it has posted an increase, driven by a rise in food and beverages and a cut in fuel subsidies required under an International ...
CAIRO (Reuters) -Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage prices softened, a Reuters poll found. The median ...
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