NBE, Banque Misr cut EGP savings rates by 1%, halt USD certificates with local currency payouts
The National Bank of Egypt (NBE) and Banque Misr announced interest rate…
Market eyes effects of 1% interest rate cut on savings, loans, and debt securities
The market is gearing up for the reopening of banks tomorrow, Sunday,…
Back-to-back interest rate cuts spur investment, exports: Egyptian business leaders
The Central Bank of Egypt’s (CBE) second consecutive interest rate cut is…
CBE cuts rates by 1% as inflation pressures ease, growth rebounds
The Central Bank of Egypt (CBE)’s Monetary Policy Committee (MPC) decided last…
CBE to decide interest rate path Thursday amid divided analyst views
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) will hold…
Urban inflation rises to 13.9% in April despite fuel price hikes
Urban headline inflation in Egypt edged up to 13.9% in April 2025,…
Egypt’s balanced monetary policy, flexible exchange rate boost resilience: IMF’s Clarke
Nigel Clarke, Deputy Managing Director of the International Monetary Fund (IMF), stated…
CBE Governor meets IMF official to review progress on Egypt’s economic reforms
Hassan Abdallah, Governor of the Central Bank of Egypt (CBE), met with…
Opinion | Disinflation still faces headwinds, but price growth stabilising and high real rates leave CBE room to cut next week
Headline inflation stood at 13.9% y-o-y in April, broadly unchanged from March.…
SAIB Bank delivers strong Q1 2025 results with EGP 51bn in local currency loans
SAIB Bank posted robust financial results for the first quarter of 2025,…