Egypt's progress on structural reforms under an $8 billion International Monetary Fund loan agreement has been mixed, the ...

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 inflation rate eased to 14.4 percent in June, down from 16.5 percent the previous month, according to data ...

Prime Minister Mostafa Madbouli said many international institutions have praised Egypt’s economic resilience, noting that ...

The fund highlighted that the Central Bank of Egypt (CBE) applied a flexible exchange rate regime in March 2024, which ...

Although today’s dangers are not in the same league as a world war, they are significant. Pundits talk of a “polycrisis” ...

Cabinet Spokesman Mohamed el Homosany said that Egypt seeks cutting inflation rate below 10 percent. He pointed out that the ...

The CBE reiterated its mandate to achieve price stability, reaffirming its medium-term inflation target of seven percent (± ...

In the face of chaos, the global economy powers on. Since 2011 growth has continued at around 3% a year. During the worst of the euro crisis in 2012? Around 3%. What about 2016, the year Britain voted ...

The International Monetary Fund on Thursday said it would combine the fifth and sixth reviews of Egypt's $8 billion support program this fall to give authorities more time to meet critical objectives ...

Egypt's annual urban consumer price inflation slowed to 14.9% in June from 16.8% in May, data from statistics agency CAPMAS showed on Wednesday. The drop in inflation is steeper than the median ...

Xi Jinping and Vladimir Putin were both missing from the BRICS summit that kicked off Sunday in Rio de Janeiro, hosted by ...