Egyptian Minister of Investment and Foreign Trade Hassan El Khatib announced the policy shift this week, confirming that the ...

Egypt's remittances from its overseas workers surged to $7.5 billion in the April-June quarter from $4.6 billion a year earlier, the Central Bank of Egypt said on Wednesday, a sign an IMF-inspired ...

The Central Bank of Egypt (CBE) is expected to hike its overnight interest rates by 150 basis points on Thursday as it keeps battling inflation after a series of currency devaluations, a Reuters ...

Cairo – The Central Bank of Egypt (CBE) announced treasury bills (T-bills) valued at EGP 80 billion through two tranches on ...

FILE – Egyptian Central Bank Governor Tarek Amer speaks during a press conference at the Central Bank of Egypt in Cairo, Nov. 3, 2016. Amer resigned as the country has struggled to address its ...

The Central Bank of Egypt (CBE) kept its main interest rates stable on Thursday despite retreating inflation and an economy suffering from the coronavirus pandemic, saying it remained concerned ...

Egypt's central bank has been working to reduce inflation, which has trended downwards from a peak of 38% in September 2023. Annual headline inflation stood at 13.9% in April, just up from 13.6% ...

Egypt's central bank raised its interest rates on May 21, 2017 to curb the inflation problem faced by the country. Egypt's consumer prices rose 31.5% year over year in April 2017, ...

Egyptian Central Bank Governor Tarek Amer speaks during a press conference at the Central Bank of Egypt in Cairo, Nov. 3, 2016. Amer resigned as the country has struggled to address its financial ...

Egypt’s central bank said it has begun letting the local currency float freely, a move aimed at eliminating a flourishing black market for U.S. dollars and securing a much-needed IMF loan, but ...

Egypt’s central bank sold $1.5 billion to banks in an exceptional auction to help cover importers’ foreign currency refinancing needs, just days after it devalued the local currency.