News

Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage ...
Egypt's annual urban consumer price inflation slowed to 14.9% in June from 16.8% in May, data from statistics agency CAPMAS ...
Egypt's net foreign assets turned negative in February 2022 and only returned to positive territory in May last year ...
CAIRO: Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation rates easing. The bank’s monetary policy committee held the overnight ...
The CEO of Egypt's third-largest bank tells Al-Monitor why he is hopeful about the country's economic recovery.
The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...
Operating conditions across Egypt’s non-oil private sector economy deteriorated moderately in June, according to the latest S ...
Ministers of finance from the BRICS group of developing nations called for an IMF overhaul that will redistribute voting ...
The Egyptian economy faces significant macroeconomic challenges that have become more complex to manage with the recent conflict in Gaza and Israel. At the same time, the UAE’s recent investment deal ...
The BRICS countries, which have grown to include 10 member states since last year, are meeting for their annual summit from 6 ...