Central Bank of Kenya (CBK) data indicated that the shilling closed the month of May 2025 on a firm note as foreign currency ...

Israel has said it will “not cooperate” with plans from the Palestinian Authority (PA) to host a Saudi-led delegation of ...

The effects of the tariffs on Arab and Middle Eastern countries will be complex. These regions depend heavily on exports, ...

Ethiopia has taken historic steps to address macroeconomic imbalances while fostering sustainable growth ...

The Shore Conference has several strong softball teams vying for state titles in the 2025 NJSIAA tournament. Top contenders include St. John Vianney, Donovan Catholic, and Red Bank Catholic in South ...

Egypt’s central bank said on Thursday that it was cutting overnight interest rates, as it expects economic recovery and lower inflation. The monetary policy committee (MPC) lowered the overnight ...

Egypt's central bank cut its key interest rates by 100 basis points on Thursday, its second reduction in 2025 after keeping ...

The central bank last month lowered rates by 225 basis points (bps), its first adjustment since March 6, 2024, when it hiked rates by 600 bps and let the currency slide sharply against the dollar, ...

Egypt's central bank is expected to lower overnight interest rates by a median of 175 basis points on Thursday, extending a ...

Cairo: Egypt's central bank on Thursday announced that it was lowering interest rates for the first time since 2020, days after the government announced a reduction in fuel subsidies. The Central ...

Image: Shutterstock The Central Bank of Egypt (CBE) announced the launch of tokenisation of payment cards on mobile applications, in line with its efforts to promote the adoption of e-payments in the ...

Egypt is an exception to this trend, due to a severe balance-of-payments crisis that affected its economy until early 2024. Inflation only began to moderate in Q2 2024, and the Central Bank of ...