interest rates
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…
Bank of England sets biggest rate hike in 33 years and warns of a long recession
World
November 3, 2022
Bank of England sets biggest rate hike in 33 years and warns of a long recession
LondonCNN Business — The Bank of England raised interest rates by three quarters of a percentage point on Thursday, the biggest hike in…
Proceeds of high-return savings certificates reach LE105 bln in 3 days
Business
March 25, 2022
Proceeds of high-return savings certificates reach LE105 bln in 3 days
The National Bank of Egypt and Banque Misr announced that the proceeds of high-return savings certificates of 18 percent reached…
Erdogan says inflation, forex rates to come down with low interest rates -NTV
Middle East
December 8, 2021
Erdogan says inflation, forex rates to come down with low interest rates -NTV
ANKARA, Dec 8 (Reuters) – President Tayyip Erdogan said Turkey will reduce inflation and exchange rate volatility through low interest…
NBE reduces interest rate on 3-year Platinum Certificates
Business
December 25, 2020
NBE reduces interest rate on 3-year Platinum Certificates
The National Bank of Egypt reduced the interest rate or return on its three-year Platinum Certificates, the return of which…
Egypt cuts interest rates by 50 bps as inflation subsides
Business
September 25, 2020
Egypt cuts interest rates by 50 bps as inflation subsides
Egypt’s central bank unexpectedly cut its main overnight interest rates by 50 basis points on Thursday, saying exceptionally low inflation…
Egypt’s central bank keeps key interest rates on hold – statement
Economy
June 26, 2020
Egypt’s central bank keeps key interest rates on hold – statement
CAIRO, June 25 (Reuters) — The Central Bank of Egypt (CBE) kept its main interest rates steady on Thursday, despite…