In a decisive policy shift, the Central Bank of Egypt slashed its benchmark interest rate by 225 basis points in April, ...

The CBE noted that trade with Egypt’s 14 main trading partners—who together account for 68.3% of the country’s total foreign ...

Egypt's central bank lowered overnight interest rates by 225 basis points on Thursday, its first cut in more than five years, ...

In a bold move to adjust its monetary stance, the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) has announced a substantial cut to key interest rates by 2.25 percent for the ...

Egypt exported USD 431.7 million worth of goods to Saudi Arabia in Q1 2025, while importing USD 1.91 billion, according to ...

Banking expert Tarek Metwally anticipates the Central Bank of Egypt (CBE) to cut interest rates by 200 basis points (equivalent to two percent), despite rising fuel prices and the potential for the ...

The liabilities were distributed as $33.8 billion held by the Central Bank and $28.03 billion held by banks operating in the local market. This increase showcases continued improvement in Egypt’s ...

XPay achieved a major milestone by obtaining its first license from the Central Bank of Egypt, officially marking the ...

Egypt is poised to cut interest rates for the first time in almost five years, although the reduction may be limited as US ...

CAIRO, April 17 (Reuters) - Egypt's central bank lowered overnight interest rates by 225 basis points on Thursday, its first cut in more than five years, saying lower inflation had opened the way ...