CAIRO (Reuters) -Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation rates easing. The bank’s monetary policy committee held the ...

The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate reductions following a stubborn increase in inflation over the last ...

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% ...

Egypt's economy likely grew 4.0% in the fiscal year that ended in June, a slight upward revision from the 3.8% forecast in ...

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 central bank kept its main interest rates unchanged at a policy meeting on Thursday but said it was keeping an eye on the risks to recovery posed by mounting concerns about the global ...

HC Securities attributed its projections to Egypt’s macroeconomic developments and the geopolitical conditions ...

Crédit Agricole Egypt has entered into a partnership with Infinity to accelerate the transition to solar energy for ...

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 ...

Egypt's benchmark overnight lending rates are already high at 9.75 percent, but with foreign reserves languishing at $16.4 billion - enough for just three months of imports - economists believe ...

Egypt’s central bank governor, Tarek Amer, unpegged the pound from the dollar in November, leading to a sharp devaluation and paving the way for a much-needed $12 billion IMF loan. The exchange rate ...

Egypt's net foreign direct investment inflows rose to $2.7 billion from $2.3 billion over the same period, while tourism revenues rose to $4.8 billion from $4.5 billion.