Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation ...

Egypt’s inflation rate fell in June, ending three months of rises, as officials contend with an interest-rate decision on ...

The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...

Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage ...

The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...

Saudi Arabia's benchmark index dropped 0.5%, hit by a 0.4% fall in Al Rajhi Bank. Oil behemoth Saudi Aramco fell 0.7% ...

Egypt left interest rates on hold, snapping two rounds of monetary easing, as caution about tensions in the region and the ...

The CBE reiterated its mandate to achieve price stability, reaffirming its medium-term inflation target of seven percent (± two percent) by the fourth quarter of 2026. The MPC stands ready to use all ...

Prime Minister Mostafa Madbouli said many international institutions have praised Egypt’s economic resilience, noting that ...

The CEO of Egypt's third-largest bank tells Al-Monitor why he is hopeful about the country's economic recovery.

Egypt’s new fiscal year begins on Tuesday, 1 July, with a draft budget of EGP 3.1 trillion and a projected total expenditure exceeding EGP 4.5 trillion.

Bank of England Monetary Policy Committee External Member Alan Taylor discusses the state of the UK economy, his worries about inflation, and says there is not a set path for interest rates or ...