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

The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...

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

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

Egypt and China entered into three financial cooperation agreements on Thursday. The main topics of discussion included the creation of agreements to facilitate trade in local currencies and the ...

The temporary decision is a part of exceptional measures due to the effects of the Ramses Central fire, which affected the ...

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 central bank has been working to reduce inflation, which has trended downwards from a peak of 38% in September 2023. Annual headline inflation stood at 13.9% in April, just up from 13.6% ...

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 will raise its overnight deposit rate by 175 basis points (bps) on Thursday in response to the U.S. Federal Reserve's rate hikes and commodity import price rises caused by the ...

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.