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

The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...

The deals were announced during the visit by a senior Chinese delegation led by the country’s premier to Cairo this week.

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

China and Egypt signed a memorandum of understanding (MoU) on Thursday to enhance bilateral financial collaboration, ...

Throughout the financial crisis, however, Egypt’s banking sector has remained robust. Local banks, buoyed by high interest rates, reported record earnings last year. Bank assets and capital adequacy ...

The "Generating Resilience, Opportunities, and Welfare for a Thriving Egypt" Development Policy Financing (DPF) operation with the Government of Egypt was approved in June 2024 for US$500 million.This ...

The Central Bank of Egypt (CBE) announced a key milestone in its financial inclusion efforts, revealing that 74.8 percent of eligible citizens aged 15 and above now have active financial accounts.

Under the leadership of Hassan Abdalla, the Central Bank of Egypt (CBE) has undertaken ambitious reforms aimed at integrating marginalised groups into the formal economy. The CBE’s financial inclusion ...