interest rate

Gold suffers worst weekly drop in 3 years: Is this beginning of downward trend?
Features/Interviews

Gold suffers worst weekly drop in 3 years: Is this beginning of downward trend?

Gold prices plunged significantly, losing more than $220 from its all-time high recorded last month. With gold futures contracts declining…
Central Bank of Egypt to meet on October 17 over interest rate
Business

Central Bank of Egypt to meet on October 17 over interest rate

The Central Bank of Egypt’s next decision on the interest rate has been highly awaited since the US Federal Reserve…
Egypt’s Central Bank holds interest rate steady for the first time this year
Business

Egypt’s Central Bank holds interest rate steady for the first time this year

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided on Thursday to keep the interest rate…
Egypt’s government is not doing enough to curb inflation: Expert
Business

Egypt’s government is not doing enough to curb inflation: Expert

Economic expert Mostafa Badra said on Monday that the Egyptian government is not doing enough to confront high inflation at…
CBE fixes interest rate on Thursday
Business

CBE fixes interest rate on Thursday

The Central Bank of Egypt’s Monetary Policy Committee fixed interest rates during its Thursday meeting. This is a positive move,…
Will the CBE fix interest rates on Thursday?
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Will the CBE fix interest rates on Thursday?

The Monetary Policy Committee of the Central Bank of Egypt (CBE) is scheduled to hold a meeting  on Thursday to…
Scenarios for CBE decision on interest rate in Egypt
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Scenarios for CBE decision on interest rate in Egypt

Many citizens and investors are awaiting the Central Bank of Egypt’s meeting to settle the interest rate in Egypt, especially…
Banque Misr: time period for availability of new CDs is open
Business

Banque Misr: time period for availability of new CDs is open

The President of the Federation of Egyptian Banks and Chairman of the Board of Directors of Banque Misr, Mohamed el-Etreby,…
US dollar price in Egypt rises Monday morning
Business

US dollar price in Egypt rises Monday morning

The global dollar index continued to rise at the beginning of the stock exchange trading on Monday by 0.42 percent,…
NBE raises return on 3-year savings certificates
Economy

NBE raises return on 3-year savings certificates

The National Bank of Egypt raised the interest rate on the three-year savings certificate. There will be a variable return,…
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