rate cut

Gold heads for fourth weekly gain amid rate cut expectations
Business

Gold heads for fourth weekly gain amid rate cut expectations

Global gold prices rose during early trading on Friday, heading for their fourth consecutive weekly increase. The growing concerns about…
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…
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