Egypt's progress on structural reforms under an $8 billion International Monetary Fund loan agreement has been mixed, the ...

The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...

Cabinet Spokesman Mohamed el Homosany said that Egypt seeks cutting inflation rate below 10 percent. He pointed out that the ...

Prime Minister Mostafa Madbouli said many international institutions have praised Egypt’s economic resilience, noting that recent regional tensions, including the Israel-Iran conflict, caused only ...

The fund highlighted that the Central Bank of Egypt (CBE) applied a flexible exchange rate regime in March 2024, which ...

Egypt’s annual inflation rate eased to 14.4 percent in June, down from 16.5 percent the previous month, according to data ...

At its meeting on 10 July, the Monetary Policy Committee of the Central Bank of Egypt (CBE) maintained interest rates unchanged, keeping the overnight deposit rate, overnight lending rate, and main ...

Although today’s dangers are not in the same league as a world war, they are significant. Pundits talk of a “polycrisis” ...

In the face of chaos, the global economy powers on. Since 2011 growth has continued at around 3% a year. During the worst of the euro crisis in 2012? Around 3%. What about 2016, the year Britain voted ...

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 ...

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

The Labubu craze has taken Egypt’s social media scene by storm, transforming from a niche collectible into a widespread ...