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 ...

The transition to clean energy will bring many benefits, but will also have major economic and social costs and generate substantial dislocation in certain industries and regions. The just transition ...

The International Monetary Fund's delayed review began Tuesday, and Egypt could see the release of more than $1.2 billion 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 ...

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.

The Central Bank of Egypt (CBE) announced Tuesday that it has partnered with the Central Bank of Djibouti (CBD) to conduct a ...

Egypt’s pound weakened to more than 49 per dollar for only the second time since the North African nation enacted a sharp ...

International financiers have pulled support for a revolutionary paytech system being rolled out in the Middle East after it ...

In April the IMF expanded a $3 billion loan to $8 billion in a bid to help Egypt manage its economic challenges.

Central banks responsible for more than a third of the global economy will set borrowing costs in the wake of the vote.