Egypt - The Central Bank of Egypt (CBE) received 30 bids totalling $1.739bn to cover a local treasury bill (T-bill) auction denominated in US dollars. The central bank offered this auction on Monday, ...

The bank further noted that remittances in the first eight months of 2024 increased by 36.4%, reaching around $18.1bln ...

Egypt ’s annual urban consumer price inflation reportedly edged up to 26.5 per cent in October from 26.4 per cent in ...

Annual inflation was given a boost by fuel hikes of 10-15% near the end of July and another 11-17% increase in mid-October, a ...

The Central Bank of Egypt (CBE) has reportedly directed banks, for the first time in two months, to allocate dollars for letters of credit (LC) related to the importing of non-essential goods ...

Republican Donald Trump defeated Democratic Vice President Kamala Harris, reclaiming the White House in a victory certain to alter America's priorities and economic relationship with the world.

Most stock markets in the Gulf ended higher on Wednesday as a win by Republican Donald Trump in the U.S. presidential ...

Donald Trump will return to the presidency at a time of unprecedented conflict and uncertainty in the Middle East.

CAIRO, 18th July, 2024 (WAM) – In its meeting today, the Central Bank of Egypt’s Monetary Policy Committee (MPC) decided to keep the CBE’s overnight deposit rate, overnight lending rate, and the rate ...

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