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

Egypt’s annual inflation rate eased to 14.4 percent in June, down from 16.5 percent the previous month, according to data ...

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

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

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

Egypt has grappled with high inflation following currency devaluations and foreign currency shortages, with the rate peaking at a record 38 percent in September 2023 before trending downwards.

The Labubu craze has taken Egypt’s social media scene by storm, transforming from a niche collectible into a widespread ...

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

Egypt's urban inflation rate saw its fastest acceleration of the year in May, reaching 16.8 percent year-on-year, up from 13.9 percent in April.

Egypt's Surprise Inflation Climb May Push Back Rate Cuts to 2025 Egypt looks set to wait until next year to make its first interest-rate cut since 2020 as it grapples with an unexpected quickening in ...

In August, Egypt's core inflation rate experienced an upward trend, reaching 25.1 percent year-on-year, up from 24.4 percent in July, as reported by ...

Egypt looks set to wait until next year to make its first interest-rate cut since 2020 as it grapples with an unexpected quickening in inflation and fears of a wider conflict in the Middle East.