interest rates
CBE maintains overnight deposit and lending rates
Egypt
November 22, 2024
CBE maintains overnight deposit and lending rates
The Monetary Policy Committee of the Central Bank of Egypt decided in its meeting on Thursday to maintain the overnight…
Why is the US dollar rising in Egypt?
Business
November 8, 2024
Why is the US dollar rising in Egypt?
Economists have attributed the recent rise in the US dollar against the Egyptian pound to a combination of domestic and…
Raising interest rates constitutes a burden on investment: Investor
Business
February 4, 2024
Raising interest rates constitutes a burden on investment: Investor
The President of the Small and Medium Enterprises Investors Union and Vice President of the Investors Association, Alaa al-Sakaty, said…
Will the Central Bank of Egypt’s decision to fix interest rate be reflected in prices?
Economy
December 23, 2023
Will the Central Bank of Egypt’s decision to fix interest rate be reflected in prices?
The Central Bank of Egypt on Thursday moved to fix the base interest rate at its eighth and final meeting…
Interest rates remain unchanged during Central Bank of Egypt’s latest meeting
Business
September 22, 2023
Interest rates remain unchanged during Central Bank of Egypt’s latest meeting
The Monetary Policy Committee of the Central Bank of Egypt kept interest rates unchanged during its latest meeting on Thursday.…
US dollar price stabilizes throughout Egypt on Friday morning
Business
June 23, 2023
US dollar price stabilizes throughout Egypt on Friday morning
The US dollar stabilized against the Egyptian pound on Friday, with the following prices: Central Bank of Egypt LE 30.83…
Was last fall’s UK Treasury crisis a warning bell for SVB?
World
March 14, 2023
Was last fall’s UK Treasury crisis a warning bell for SVB?
Investors might not have to look so far back to see their own future. Six months ago an alarm went off in…
CBE expected to raise interest rates by up to 300 bps in March: Goldman Sachs
Business
March 10, 2023
CBE expected to raise interest rates by up to 300 bps in March: Goldman Sachs
Goldman Sachs expects the Central Bank of Egypt to raise interest rates by up to 300 basis points in its…
After raising interest rate by 50 bps, what will be the impact of the US Fed Reserve’s decision on Egypt?
Business
December 15, 2022
After raising interest rate by 50 bps, what will be the impact of the US Fed Reserve’s decision on Egypt?
The Federal Reserve abandoned an unprecedented series of decisions to raise interest rates by 75 basis points. This happened over…
Egypt sees a return of the 18% interest rates on longterm Bank deposits
Business
December 6, 2022
Egypt sees a return of the 18% interest rates on longterm Bank deposits
Many curious citizens have wondered about banks and the services they provide to customers: most importantly is the deposit savings…