Egypt’s PM restricts selling prices of free-market bread
Free-market bread is sold outside the state’s subsidised food card system.
EGX main winner of US dollar appreciation
Research from Prime Securities said that banks are on top of the…
Egypt allocates EGP 130bn to cushion impact of global economic challenges
Minister of Finance Mohamed Maait revealed that starting April, the 8% bonus…
CBE raises interest rate by 1% in exceptional meeting, Egyptian pound declines significantly
The CBE believes in the importance of exchange rate resilience to absorb…
Egypt’s Al-Sisi discusses draft budget for FY 2022/23
Al-Sisi directs government to prepare social protection measures to mitigate effects of…
US dollar exchange increases EGP 1.75 against backdrop of interest rise
Greenback records EGP 17.4 for purchase and EGP 17.5 for sale at…
NBE, Banque Misr offer one-year 18% saving certificates
Yehia Abou El-Fotouh, Vice Chairperson of the NBE, said the bank’s new…
Egypt’s Monetary Policy Committee increases key policy rates by 1% in extraordinary meeting
Objective of raising policy rates is to anchor inflation expectations, contain effects…
Poland’s President will visit Egypt soon to consolidate relations between two countries: Polish Ambassador
‘We are not advocates of war and all scenarios with Russia are…
Egypt’s Health Minister discusses bilateral cooperation with Zambian Ambassador
The Zambian ambassador thanked Egypt for providing logistical support to the health…