The Central Bank of Egypt (CBE) announced on Thursday the launching of the Cairo Overnight Index Average benchmark (CONIA), which was developed by the Egyptian Money Market Contact Group.

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

Egypt’s central bank lowered overnight interest rates by 225 basis points (bps) on Thursday, its first cut in more than five years, saying lower inflation had opened the way to yet further rate cuts ...

Arab Finance: The Central Bank of Egypt (CBE) is expected to start cutting interest rates during its next meeting in April, ...

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 ...

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

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 ...

In addition, Egypt's central bank announced a cut in interest rates with little warning in late 2013, as part of an effort to spur domestic investment. This makes good economic sense, but the move ...

Egypt cut interest rates for the first time in almost five years, potentially spurring investment key to an economic rebound ...

The Central Bank of Egypt Governor, Dr. Farouk Uqda, has said the total foreign investments that were withdrawn from the Egyptian bond and treasury bills market during the period from January 20 ...

CAIRO (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 to yet ...