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% ...

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

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

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

Egypt has received direct messages from Washington linking continued economic support to willingness to cooperate more ...

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

The International Monetary Fund on Thursday said it would combine the fifth and sixth reviews of Egypt's $8 billion support program this fall to give authorities more time to meet critical objectives ...

The Indian economy is expected to grow at 6.5 per cent in the current financial year, despite geo-political tensions and ...

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

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

Key priorities identified include the reform of Egypt’s state ownership policy and the expansion of its asset diversification ...