News

Egypt Halts Rate Cuts, With Caution Outranking Slower Inflation
Egypt left interest rates on hold, snapping two rounds of monetary easing, as caution about tensions in the region and the ...
Ahram Online14h
Egypt, China ink 3 financial cooperation agreements
Hassan Abdalla, the governor of the Central Bank of Egypt (CBE), and Pan Gongsheng, the governor of the People's Bank of ...
Egypt's net foreign assets rise in May to $14.7 billion
Egypt's net foreign assets rose by $1.2 billion to $14.7 billion in May, central bank data showed on Monday, approaching ...
Egypt's Core Inflation at 11.4% Y/y in June, Down From 13.1% in May
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 ...
State Information Service (SIS)7h
Egypt drives SME financing & sustainability through $100M Banque Misr–EBRD agreement
Ministry of Planning, Economic Development, and International Cooperation is stepping up efforts to promote sustainable ...
ZAWYA1d
Central Bank of Egypt temporarily raises daily withdrawal limit, extends bank hours amid telecom disruptions
This exceptional measure comes in response to ongoing disruptions in telecommunications services, which have affected the ...
U.S. News & World Report3d
Egypt's Central Bank Expected to Keep Interest Rates Steady on July 10 ...
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, ...