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Gold prices soar to historic high in Egypt

Gold prices soar to historic high in Egypt

Gold prices in the Egyptian local market reached unprecedented levels on Monday, with the popular 21-karat gold exceeding the 4800…
Egypt takes over chairmanship of AfCFTA council of trade ministers

Egypt takes over chairmanship of AfCFTA council of trade ministers

CAIRO, April 19 (MENA) – Egypt’s Ambassador in Congo Hisham Hisham al-Makoud has participated in a ceremony to hand over…
Highest CDs returns in Egyptian banks after CBE cut interest rate

Highest CDs returns in Egyptian banks after CBE cut interest rate

The Central Bank of Egypt (CBE) has decided to cut interest rates on Thursday by 225 basis points, bringing the…
Will the US dollar rise after the CBE cut interest rates?

Will the US dollar rise after the CBE cut interest rates?

Economic expert Mohamed Fouad revealed the impact of the Central Bank of Egypt‘s (CBE) recent decision to reduce interest rates…
Egyptian banks cut interest rates on variable certificates following Central Bank move

Egyptian banks cut interest rates on variable certificates following Central Bank move

In an automatic move responding to the Central Bank of Egypt’s reduction of key interest rates, banks operating in Egypt…
Kuwait to provide Egypt with massive investments in 7 vital sectors

Kuwait to provide Egypt with massive investments in 7 vital sectors

Kuwait announced its intentions to make major investments in Egypt and capitalize on its investment opportunities following Egyptian President Abdel…
Central Bank of Egypt to cut interest rates, expert says

Central Bank of Egypt to cut interest rates, expert says

Banking expert Tarek Metwally anticipates the Central Bank of Egypt (CBE) to cut interest rates by 200 basis points (equivalent…
Egypt, Qatar affirm commitment to fostering economic partnership

Egypt, Qatar affirm commitment to fostering economic partnership

Egypt and Qatar on Monday issued a joint statement affirming their commitment to strengthening their economic partnership and continuing efforts…
Top 10 countries with the largest gold reserves in the world

Top 10 countries with the largest gold reserves in the world

A “safe haven” – this is how many view gold, which they use as a reliable tool to hedge against…
Standard & Poor’s revises its outlook for Egypt

Standard & Poor’s revises its outlook for Egypt

Standard & Poor’s has revised its outlook for Egypt to stable, and affirmed its credit rating at ‘B-/B’. The agency…
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