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.

Chinese Premier Li Qiang arrived in Egypt on Wednesday for a two-day official visit aimed at deepening economic ties and “strategic co-ordination” between Beijing and Cairo. The trip highlights ...

Egypt's annual urban consumer price inflation slowed to 14.9% in June from 16.8% in May, data from statistics agency CAPMAS ...

The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...

The CEO of Egypt's third-largest bank tells Al-Monitor why he is hopeful about the country's economic recovery.

Egypt had been facing the prospect of further fuel-price increases this summer, a move that would likely spur inflation higher. But a significant and sustained decline in global oil prices may make ...

The 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. 3rd party Ad.

Taming inflation that surged to a record almost two years ago has been key for Egypt as it overcomes its worst economic crisis in a generation. The North African country let the pound plunge almost 40 ...

(Bloomberg) -- Egypt’s inflation slowed only slightly in January, potentially complicating the timing of the central bank’s first interest-rate cuts since 2020. Annual consumer prices in urban ...

Egyptian inflation slowed to its lowest level in two years, easing the path for the North African nation’s first interest-rate cut since 2020. Annual consumer prices in urban areas rose 24.1% in ...

Egypt's M2 money supply expanded in September by an apparent all-time high of 29.59% year-on-year, central bank data showed, helping to fuel inflation.

Egypt’s annual urban consumer price inflation hit 26.2% in August, up from 25.7% in July, while annual headline inflation reached 25.6% in August after being recorded at 25.2% in July, according to ...