Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation ...

The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...

Egypt and China entered into three financial cooperation agreements on Thursday. The main topics of discussion included the creation of agreements to facilitate trade in local currencies and the ...

Egypt’s inflation rate fell in June, ending three months of rises, as officials contend with an interest-rate decision on ...

The temporary decision is a part of exceptional measures due to the effects of the Ramses Central fire, which affected the ...

Limited access to formal financial services has historically constrained inclusive growth and private sector development in Egypt. But a concerted drive from the government and the banking sector have ...

He also indicated that this step is expected to “elevate economic cooperation to more advanced and effective levels ...

Egypt's central bank has been working to reduce inflation, which has trended downwards from a peak of 38% in September 2023. Annual headline inflation stood at 13.9% in April, just up from 13.6% ...

CAIRO (AP) — The Central Bank of Egypt raised interest rates Thursday as the country continues to battle double-digit inflation amid a sharp currency devaluation. In a statement, the bank’s ...

Egypt’s central bank sold $1.5 billion to banks in an exceptional auction to help cover importers’ foreign currency refinancing needs, just days after it devalued the local currency.

Egypt’s central bank on Thursday kept its benchmark interest rate unchanged for the third consecutive meeting as inflation stabilized, a move that might shore up the attractiveness of local ...

FILE – Egyptian Central Bank Governor Tarek Amer speaks during a press conference at the Central Bank of Egypt in Cairo, Nov. 3, 2016. Amer resigned as the country has struggled to address its ...