inflation
Annual consumer price inflation in cities rises to highest rate in 5 years
Economy
February 9, 2023
Annual consumer price inflation in cities rises to highest rate in 5 years
The Central Agency for Public Mobilization and Statistics (CAPMAS) in Egypt announced, Thursday, that annual consumer price inflation in cities…
Will inflation decrease in Egypt after the Central Bank’s decision?
Business
February 8, 2023
Will inflation decrease in Egypt after the Central Bank’s decision?
Egyptian economist, Mostafa Badra, spoke to RT about the repercussions of the Central Bank of Egypt’s decision to fix the…
Inflation in Japan hits highest level in 41 years
World
January 21, 2023
Inflation in Japan hits highest level in 41 years
Tokyo Reuters — Japan’s core consumer prices in December rose 4.0% from a year earlier, double the central bank’s 2%…
Savings certificates with 25% return deadline expected in two or three weeks
Economy
January 13, 2023
Savings certificates with 25% return deadline expected in two or three weeks
Banque Misr and the National Bank of Egypt are expected to continue to offer term deposit savings certificates with a…
CBE: Egypt’s annual headline inflation jumps 24.4% in December 2022
Business
January 11, 2023
CBE: Egypt’s annual headline inflation jumps 24.4% in December 2022
The Central Bank of Egypt (CBE) announced that the annual headline inflation rate jumped 24.4 percent in December 2022, compared…
24 billion LE deposited into savings certificates in just two days
Egypt
January 6, 2023
24 billion LE deposited into savings certificates in just two days
The new savings term deposit certificates of 25 percent that were announced the other day have seen quick large deposits.…
US dollar price declines significantly on black market in Egypt
Business
December 29, 2022
US dollar price declines significantly on black market in Egypt
The exchange rate of the US dollar on the black market in Egypt declined significantly during the past days, losing…
CBE explains reasons for rising interest rates
Business
December 23, 2022
CBE explains reasons for rising interest rates
The Central Bank of Egypt (CBE) said that raising the interest rate that went up by three percent came after…
MP requests briefing from PM on economic situation in Egypt
Business
December 7, 2022
MP requests briefing from PM on economic situation in Egypt
Member of the House of Representatives and Vice President of the Egyptian Social Democratic Party, Freddy al-Bayady, submitted a request…
Egypt announces flotation of Egyptian pound on Thursday
Economy
October 27, 2022
Egypt announces flotation of Egyptian pound on Thursday
The Central Bank of Egypt (CBE) issued a statement, on Thursday morning, announcing reform measures to ensure macroeconomic stability and…