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central bank of egypt

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Egypt Is Expected to Cut on Interest Rates by 50 Basis Points Next Week
December 23rd, 2019 - 04:53 GMT

Egypt Is Expected to Cut Interest Rates by 50 Basis Points Next Week

A report issued by the Research Department of HC Securities and Investment expected that the Central Bank of Egypt (CBE)’s monetary policy committee (MPC) will cut interest rates by 50 basis points during its next meeting scheduled for next Thursday. Asharq Al-Awsat received a copy of the report, which cited Monette Doss, equity analyst in the Macro and Banking Sector at HC, as saying that monthly headline inflation declined in ...
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Turkey is facing a deepening economic crisis, as the Lira fell sharply by about 22% in Friday’s early morning trading. (Shutterstock)
August 12th, 2018 - 07:11 GMT

The Plunge of the Turkish Lira and How It Affects the Egyptian Economy

Muslim pilgrims perform Tawaf at the Holy Kaaba in Mecca (AFP/File Photo)
March 15th, 2018 - 06:00 GMT

Egypt to Collect Extra Fees from Umrah Travellers

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