Egypt's balance of payments (BOP) recorded an overall deficit of $502.6m during the first half (July/December 2024) of the ...

Egypt's net foreign assets jumped by $4.9 billion in March, central bank data showed, apparently boosted by the approval of ...

Cairo: The Central Bank of Egypt (CBE) announced Monday that Suez Canal transit revenues decreased by 62.3 percent. In a ...

This marks a strong reversal from a net foreign liability (NFL) position of USD 4.19 billion recorded in the same month last ...

The Central Bank of Egypt (ECB) announced a substantial 225 basis point cut in its key interest rates on Thursday, signaling the commencement of a monetary easing cycle after a prolonged period of ...

Foreign assets with the CBE hit EGP 2.344 trillion at the end of February 2025, while foreign assets with banks stood at EGP ...

Egypt's central bank lowered overnight interest rates by 225 basis points on Thursday, its first cut in more than five years, saying lower inflation had opened the way to yet further rate cuts in the ...

In a bold move to adjust its monetary stance, the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) has announced a substantial cut to key interest rates by 2.25 percent for the first ...

The Central Bank of Egypt (CBE) announced on Thursday the launching of the Cairo Overnight Index Average benchmark (CONIA), which was developed by the Egyptian Money Market Contact Group.

Banking expert Tarek Metwally anticipates the Central Bank of Egypt (CBE) to cut interest rates by 200 basis points (equivalent to two percent), despite rising fuel prices and the potential for the ...

In addition, Egypt's central bank announced a cut in interest rates with little warning in late 2013, as part of an effort to spur domestic investment. This makes good economic sense, but the move ...