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 Online15h
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 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 ...
African Central Banks Weigh Policy Options Amid Trump’s Tariffs
Key African economies are set to stake out different approaches to interest rates in the coming weeks as they gauge the ...
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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 ...
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Central Bank of Egypt Raises Daily Withdrawal Limit to EGP 500,000
The Central Bank of Egypt has increased the daily withdrawal limit to EGP 500,000 to ease operations during a period of ...
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, ...