Somalia’s Central Bank mandates microfinance institutions to obtain licenses by December 6, 2025, under new financial regulations. The licensing rules require clear governance, minimum capital, ...

Cairo firms are expanding their M&A and capital markets teams to position themselves for high-stake mandates they expect out ...

Limited access to formal financial services has historically constrained inclusive growth and private sector development in Egypt. But a concerted drive from the government and the banking sector have ...

They are enhancing cooperation in local currency settlement. The People’s Bank of China (PBOC) and the Central Bank of Egypt ...

The deals were announced during the visit by a senior Chinese delegation led by the country’s premier to Cairo this week.

Egypt left interest rates on hold, snapping two rounds of monetary easing, as caution about tensions in the region and the ...

Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation ...

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 ...

Egypt’s inflation rate fell in June, ending three months of rises, as officials contend with an interest-rate decision on ...

The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...

A new study argues that the pharaoh’s statues weren’t destroyed out of revenge, but were ‘ritually deactivated’ because of the power they contained.

There are reasons to be skeptical. Recent scholarship on central bank independence suggests a more nuanced view than the one adopted by the popular and financial press.