interest rate
NBE denies issuing savings certificates with a return of 20%
Business
December 27, 2022
NBE denies issuing savings certificates with a return of 20%
The Chairman of the Board of Directors of the National Bank of Egypt, Hisham Okasha, denied rumors regarding the bank…
CBE explains reasons for rising interest rates
Business
December 23, 2022
CBE explains reasons for rising interest rates
The Central Bank of Egypt (CBE) said that raising the interest rate that went up by three percent came after…
Egypt moves towards changing linking of pound to US dollar
Business
October 24, 2022
Egypt moves towards changing linking of pound to US dollar
The Acting Governor of the Central Bank of Egypt, Hassan Abdullah, stated that the Central Bank is on its way…
CBE decision to fix interest rate contradicts expectations: expert
Business
August 19, 2022
CBE decision to fix interest rate contradicts expectations: expert
The decision of the Monetary Policy Committee of the Central Bank came in contravention of the expectations of most international…
Central Bank of Egypt announces interest rate increase
Business
March 21, 2022
Central Bank of Egypt announces interest rate increase
The Monetary Policy Committee of the Central Bank of Egypt decided in its extraordinary meeting on Monday to raise…
Turkish lira dips to new low after another interest rate cut
Middle East
December 16, 2021
Turkish lira dips to new low after another interest rate cut
Turkey’s Central Bank again cut a key interest rate Thursday despite soaring consumer prices that are making it difficult for…
Egypt’s headline inflation edged up to 5.7% in August: CAPMAS
Egypt
September 9, 2021
Egypt’s headline inflation edged up to 5.7% in August: CAPMAS
Egypt’s annual urban consumer price inflation accelerated slightly to 5.7 percent in August from 5.4 percent in July, reaching its…
Egypt’s central bank cuts interest rates by 50 basis points
Economy
November 13, 2020
Egypt’s central bank cuts interest rates by 50 basis points
Egypt’s central bank cut its main interest rates by 50 basis points on Thursday, moving to support an economy badly…
Central Bank of Egypt keeps overnight interest rates unchanged
Business
February 21, 2020
Central Bank of Egypt keeps overnight interest rates unchanged
The Monetary Policy Committee of the Central Bank of Egypt decided, at its meeting on Thursday, to keep important interest…
Egypt’s central bank makes third straight cut to interest rates
Economy
November 15, 2019
Egypt’s central bank makes third straight cut to interest rates
Egypt’s central bank cut its key interest rates on Thursday for the third consecutive time, after inflation fell to its…