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Egypt's central bank cut its key interest rates by 100 basis points on Thursday, its second reduction in 2025 after keeping ...
Egypt's annual urban consumer price inflation jumped to 16.8% in May from 13.9% in April, data from statistics agency CAPMAS ...
Egypt’s annual headline inflation rate accelerated in May to 16.5 percent 2025, compared to a rate of 13.5 percent in April ...
Egypt's central bank on Thursday cut interest rates for the second time since April as inflationary pressures have eased in ...
On May 22, the Central Bank of Egypt cut its policy rate, the overnight deposit rate, by 100 basis points to 24%. The ...
The central bank last month lowered rates by 225 basis points (bps), its first adjustment since March 6, 2024, when it hiked rates by 600 bps and let the currency slide sharply against the dollar, ...
The Central Bank of Egypt's (CBE) second consecutive interest rate cut is fueling optimism among investors, with key figures ...
In an automatic move responding to the Central Bank of Egypt’s reduction of key interest rates, banks operating in Egypt have decided to decrease interest rates on variable-yield certificates by 2.25% ...
in driving the headline rate of inflation in Egypt down over the course of this year," James Swanston of Capital Economics said. As of the end of June, the central bank had 1.36 trillion Egyptian ...
Economic hardship, education costs, and shifting attitudes are all influencing Egyptian families to rethink the number of ...
Remittances from Egyptians working abroad increased by 82.7 percent from July 2024 to March 2025, reaching approximately 26.4 billion U.S. dollars, the Central Bank of Egypt (CBE) said in a report on ...
The Central Bank of Egypt expects inflation to average around 14–15% this year, down from 28.3% in 2024. The bank made the forecast in its monetary policy report, published yesterday (May 19), which ...
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