Egypt's progress on structural reforms under an $8 billion International Monetary Fund loan agreement has been mixed, the ...

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

The UNECA boss Gatete said steep currency depreciation, inflation and widening current account deficits have deepened the ...

Argentina’s credit rating was upgraded by Moody’s Ratings for a second time this year, with the agency citing the easing of ...

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

The fund highlighted that the Central Bank of Egypt (CBE) applied a flexible exchange rate regime in March 2024, which ...

At its meeting on 10 July, the Monetary Policy Committee of the Central Bank of Egypt (CBE) maintained interest rates unchanged, keeping the overnight deposit rate, overnight lending rate, and main ...

Although today’s dangers are not in the same league as a world war, they are significant. Pundits talk of a “polycrisis” ...

Cabinet Spokesman Mohamed el Homosany said that Egypt seeks cutting inflation rate below 10 percent. He pointed out that the ...

In the face of chaos, the global economy powers on. Since 2011 growth has continued at around 3% a year. During the worst of the euro crisis in 2012? Around 3%. What about 2016, the year Britain voted ...

Al-Ahram Weekly writes about the importance of advancing social justice and promoting decent work in the wake of the tragedy that took the lives of 19 young women workers in Egypt in June ...

A floating exchange rate and international support have helped draw billions of dollars back into Egypt’s economy. Now the banking industry hopes to see reforms to create a more dynamic private sector ...