In the face of economic headwinds, the Egyptian Pound (EGP) has been on a downward slope. Its depreciation, now at…
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As the government ramps up its efforts to tackle the US dollar crunch, the Central Bank of Egypt (CBE) and…
Egypt’s monthly headline inflation hit a new record in September, rising by 2% to over 40%, according to the latest…
Several local banks suspended or lowered foreign currency cash withdrawals and purchases made inside and outside Egypt using debit cards…
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) announced Thursday to keep key interest rates unchanged…
When the Federal Reserve (Fed) held overnight interbank rates steady at 5.25% in June, experts said it was a temporary…
With the economy increasingly strapped for foreign currency, the government has been seeking ways to increase the private sector’s contribution…
The International Monetary Fund (IMF) is set to conclude its second review of Egypt’s Extended Fund Facility (EFF) loan program…
In July, the Central Bank of Egypt (CBE) took a significant step by issuing comprehensive regulations for licensing, registering, governing,…
Egypt has approved the issuance of $500 million in Samurai bonds as part of its efforts to address a severe…