News

Egypt's core inflation was 11.4% on an annual basis in June, down from 13.1% in May, the central bank said on Wednesday.
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 inflation rate fell in June, ending three months of rises, as officials contend with an interest-rate decision on ...
Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage ...
Egypts non-oil private sector saw a continued downturn in June, with business conditions deteriorating for the fourth ...
The CEO of Egypt's third-largest bank tells Al-Monitor why he is hopeful about the country's economic recovery.
We must enhance cooperation between the central banks of the BRICS countries and advance our efforts in enabling financial ...
The International Monetary Fund approved its fourth review of the program in March, unlocking a disbursement of $1.2 billion ...
BMI forecasts Egypt’s inflation rate to average close to 10 percent between 2025 and 2029, with real GDP growth expected to exceed four percent annually over the same period. The report also projects ...
Egypt’s new fiscal year begins on Tuesday, 1 July, with a draft budget of EGP 3.1 trillion and a projected total expenditure ...
Falling inflation led the Central Bank of Egypt to cut its overnight lending rate by 225 basis points to 26.0% at its April 17 meeting, and by another 100 basis points on May 22.