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Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation ...
The temporary decision is a part of exceptional measures due to the effects of the Ramses Central fire, which affected the ...
Egypt’s inflation rate fell in June, ending three months of rises, as officials contend with an interest-rate decision on ...
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 ...
The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...
The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...
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 ...
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Asian Banking & Finance on MSNChina and Egypt strengthen cooperation on settlements, CBDCsThey 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.
Cairo firms are expanding their M&A and capital markets teams to position themselves for high-stake mandates they expect out ...
FILE – Egyptian Central Bank Governor Tarek Amer speaks during a press conference at the Central Bank of Egypt in Cairo, Nov. 3, 2016. Amer resigned as the country has struggled to address its ...
Egypt’s central bank sold $1.5 billion to banks in an exceptional auction to help cover importers’ foreign currency refinancing needs, just days after it devalued the local currency.
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