Economy

Economic expert Mohamed Fouad hailed the Central Bank of Egypt‘s (CBE) decision to reduce interest rates, given the decline in…

The Central Bank of Egypt (CBE) decided on Thursday evening to cut interest rates on deposits and lending by 2…

Prime Minister Mostafa Madbouly denied reports that Egypt’s economic improvement is solely due to the International Monetary Fund program. He…

Egyptian billionaire Naguib Sawiris defended his proposal to offer the remaining lands on the North Coast and the Red Sea…

The Arab African International Bank (AAIB) has launched the Four-Year Bullet Certificate of Deposit, offering a cumulative return of up…

Norway’s sovereign wealth fund, the world’s largest with total assets exceeding US$ 1.6 trillion, announced the divestment of several Israeli…

The Standard Chartered Bank said that the Egyptian economy will remain strong, with macroeconomic stability despite rapid global shifts –…

The US dollar is now higher but is heading for a week decline after weakening economic data prompted traders to…

Prime Minister Mostafa Madbouly chaired a meeting of the economic ministerial group on Thursday to review economic performance, inflation, and…

The US dollar has fallen to its lowest level in Egypt in nine months, reaching LE 48.75 for buying and…