interest rates

Egypt’s inflation surges at fastest pace this year in May
Business

Egypt’s inflation surges at fastest pace this year in May

Egypt’s urban inflation rate saw its fastest acceleration of the year in May, reaching 16.8 percent year-on-year, up from 13.9…
Central Bank of Egypt cuts key interest rates
Business

Central Bank of Egypt cuts key interest rates

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE), at the conclusion of its meeting this Thursday,…
Egyptian banks cut interest rates on variable certificates following Central Bank move
Business

Egyptian banks cut interest rates on variable certificates following Central Bank move

In an automatic move responding to the Central Bank of Egypt’s reduction of key interest rates, banks operating in Egypt…
Central Bank of Egypt to cut interest rates, expert says
Business

Central Bank of Egypt to cut interest rates, expert says

Banking expert Tarek Metwally anticipates the Central Bank of Egypt (CBE) to cut interest rates by 200 basis points (equivalent…
CBE may cut interest rates by 6% in next 2 meetings: J.P. Morgan
Economy

CBE may cut interest rates by 6% in next 2 meetings: J.P. Morgan

American multinational financial firm J.P. Morgan anticipates interest rates in Egypt to be cut by six percent during the Central…
CBE maintains overnight deposit and lending rates
Egypt

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

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

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

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

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.…
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