Day: November 14, 2020

Banks in Egypt discuss fate of interest rates following CBE’s cut

Yield of some savings certificates, loan products automatically decreases by 0.5%, while…

Hossam Mounir

CBE expects inflation to average under 6% in Q4 2020

Interest rate cut currently provides adequate support for economic activity, consistent with…

Hossam Mounir

HDB records EGP 1.9bn in profit before tax during 9M 2020

Positive results recorded despite economic challenges, exceptional circumstances this year: Chairperson

Hossam Mounir

Lebanon starts nationwide lockdown amid surge in COVID-19 cases

Caretaker Prime Minister Hassan Diab urged people a day earlier to commit…

Xinhua

TikTok granted 15-day extension to reach deal with US buyers

Earlier US President Donald Trump issued an executive order banning transactions with…

Xinhua