In a festive atmosphere dominated by the spirit of friendliness, joy, and positive energy, the Housing and Development Bank organized a special entertainment day for its female employees on the …
Economy
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Egypt just won the African 2024 Best Bond Deal award for issuing ¥3.5 billion ($478.7 million) in sustainable Panda bonds. The news was revealed at the 2024 Bonds, Loans & …
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In its quest to achieve economic empowerment and enhance financial inclusion across all societal segments, the Central Bank of Egypt (CBE) is dedicated to improving women’s access to financial services …
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In response to the Central Bank of Egypt’s (CBE) recent decision to raise key interest rates by 6% during an extraordinary Monetary Policy Committee (MPC) meeting, the National Bank of …
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The Minister of International Cooperation, H.E. Dr. Rania Al-Mashat, held a meeting with Saida Neghza, President of the General Confederation of Algerian Enterprises (CGEA). The CGEA is a self-governing Algerian …
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The Central Bank of Egypt (CBE) has just instructed banks to remove limits on foreign spending for all credit cards. The bank’s decision aims to strengthen the stability of the …
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Visa, a world leader in digital payments, today unveiled a new partnership with the renowned Egyptian football legend Mohamed Salah to be a Visa Ambassador for the United Arab Emirates, …
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EconomyHighlights
CBE Announces Interest Rate Surge by 600 Basis Points in Special Monetary Policy Committee Meeting
The Central Bank of Egypt (CBE) held a special meeting of the Monetary Policy Committee (MPC) to address the challenges facing the domestic economy. The existence of a parallel exchange …
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The International Monetary Fund (IMF) has resolved major issues with Egyptian authorities about the review of its $3 billion loan programme and will unveil the final financing package within weeks, …
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Egypt’s economic landscape saw a strong uptick on Monday, with foreign bonds rising and currency forwards strengthening following a historic $24 billion investment pact with the UAE. The real estate …