News

A streak of bad news has been hitting Egypt for the last month, but the economy is showing its resilience to internal and ...
Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage ...
The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...
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 deposit ...
Egypt's net foreign assets turned negative in February 2022 and only returned to positive territory in May last year ...
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 ...
BRICS leaders called for a reinvigorated and reformed multilateral international order in its 17th leaders’ summit held in ...
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 ...
Although Iran has managed to get the support of Brics+ nation, it would be interesting to see if this will have any impact on ...
The joint statement by the group's finance ministers marks the first time the Brics countries have agreed on a unified ...