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Egypt

Egypt Central Bank Maintains Steady Interest Rates Amidst Dropped Growth
Banking

Egypt Central Bank Maintains Steady Interest Rates Amidst Dropped Growth

Egypt’s central bank kept its overnight interest rates unchanged on Thursday
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Pete Sadler
Central Bank of Egypt Set to Conclude 2023 with Interest Rate Discussion on Thursday
Banking

Central Bank of Egypt Set to Conclude 2023 with Interest Rate Discussion on Thursday

The Central Bank of Egypt (CBE)’s Monetary Policy Committee (MPC) will
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Pete Sadler
CBE Anticipates Inflation to Peak in H2 2023 in Egypt
Banking

CBE Anticipates Inflation to Peak in H2 2023 in Egypt

The Central Bank of Egypt (CBE) expects inflation rates to reach their
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Pete Sadler
Egypt Unexpectedly Raises Rates Despite Delay in Devaluation
Egypt

Egypt Unexpectedly Raises Rates Despite Delay in Devaluation

Egypt unexpectedly resumed its cycle of monetary tightening, seeking to tame inflation
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Pete Sadler
Egypt Explores Solutions Beyond Rate Hike to Tackle Record Inflation
Egypt

Egypt Explores Solutions Beyond Rate Hike to Tackle Record Inflation

Not even record inflation looks likely to spur Egypt’s first interest-rate
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Pete Sadler
OPay Plans to Launch Digital Bank in Egypt
Banking

OPay Plans to Launch Digital Bank in Egypt

OPay has announced its intention to apply for a digital bank licence
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Pete Sadler
Egypt Implements Massive Interest Rate Hike to Combat Inflation Caused by Currency Devaluations
Banking

Egypt Implements Massive Interest Rate Hike to Combat Inflation Caused by Currency Devaluations

Egypt resumed a cycle of monetary tightening as the central bank tries
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Pete Sadler
World Bank grants approval for $7bn financing program to support Egypt
Banking

World Bank grants approval for $7bn financing program to support Egypt

The World Bank has announced that it has approved a $7 billion
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Pete Sadler
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