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Egypt's progress on structural reforms under an $8 billion International Monetary Fund loan agreement has been mixed, the ...
Okay, it is still only on a par with Egypt and Suriname. But the credit ratings agency Moody’s this week gave Argentina its ...
The CBE reiterated its mandate to achieve price stability, reaffirming its medium-term inflation target of seven percent (± ...
The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...
Egypt’s first large-scale hybrid solar and battery plant has begun construction as the country looks to its abundant sunshine ...
Prime Minister Mostafa Madbouli said many international institutions have praised Egypt’s economic resilience, noting that ...
Egypt has received direct messages from Washington linking continued economic support to willingness to cooperate more ...
The consumer price index rose 2.7% on an annual basis in June 2025, up from 2.4% in May, according to the Bureau of Labor ...
Cabinet Spokesman Mohamed el Homosany said that Egypt seeks cutting inflation rate below 10 percent. He pointed out that 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 ...
Egypts non-oil private sector saw a continued downturn in June, with business conditions deteriorating for the fourth ...
A floating exchange rate and international support have helped draw billions of dollars back into Egypt’s economy. Now the banking industry hopes to see reforms to create a more dynamic private sector ...
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