The CBE reiterated its mandate to achieve price stability, reaffirming its medium-term inflation target of seven percent (± ...

Egypt's central bank kept key interest rates unchanged on Thursday, pausing a trend of rate reductions despite inflation rates easing. The bank’s monetary policy committee held the overnight deposit ...

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

Key African economies are set to stake out different approaches to interest rates in the coming weeks as they gauge the ...

Egypt's core inflation was 11.4% on an annual basis in June, down from 13.1% in May, the central bank said on Wednesday.

Egypt's annual urban consumer price inflation slowed to 14.9% in June from 16.8% in May, data from statistics agency CAPMAS ...

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

Among African countries analyzed by the IIF, including Egypt, Ghana, Kenya, Nigeria, and South Africa ... S&P Global Ratings warned in February 2025 of pressures from inflation and high interest rates ...

The World Bank’s report argues that open trade and integrated markets are crucial for global food and nutrition security amid ...

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

Egypt's annual urban consumer price inflation accelerated to 13.9% in April from 13.6% in March, matching analyst expectations, data from statistics agency CAPMAS showed on Saturday. Month on month, ...

Taming inflation that surged to a record almost two years ago has been key for Egypt as it overcomes its worst economic crisis in a generation. The North African country let the pound plunge almost 40 ...