interest rate

What is the aim of Banque Misr’s one-year savings certificate at 25% interest rate return?
Business

What is the aim of Banque Misr’s one-year savings certificate at 25% interest rate return?

Economists said that Banque Misr’s announcement on Wednesday of a one-year savings certificate with 25 interest rate will help to…
Banque Misr offers one-year savings certificate at a 25% interest rate return value
Business

Banque Misr offers one-year savings certificate at a 25% interest rate return value

Banque Misr announced on Wednesday that they will be offering a one-year savings certificate with a 25 percent interest rate.…
US dollar price declines significantly on black market in Egypt
Business

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…
NBE denies issuing savings certificates with a return of 20%
Business

NBE denies issuing savings certificates with a return of 20%

The Chairman of the Board of Directors of the National Bank of Egypt, Hisham Okasha, denied rumors regarding the bank…
CBE explains reasons for rising interest rates
Business

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…
Egypt moves towards changing linking of pound to US dollar
Business

Egypt moves towards changing linking of pound to US dollar

The Acting Governor of the Central Bank of Egypt, Hassan Abdullah, stated that the Central Bank is on its way…
CBE decision to fix interest rate contradicts expectations: expert
Business

CBE decision to fix interest rate contradicts expectations: expert

 The decision of the Monetary Policy Committee of the Central Bank came in contravention of the expectations of most international…
Central Bank of Egypt announces interest rate increase
Business

Central Bank of Egypt announces interest rate increase

  The Monetary Policy Committee of the Central Bank of Egypt decided in its extraordinary meeting on Monday to raise…
Turkish lira dips to new low after another interest rate cut
Middle East

Turkish lira dips to new low after another interest rate cut

Turkey’s Central Bank again cut a key interest rate Thursday despite soaring consumer prices that are making it difficult for…
Egypt’s headline inflation edged up to 5.7% in August: CAPMAS
Egypt

Egypt’s headline inflation edged up to 5.7% in August: CAPMAS

Egypt’s annual urban consumer price inflation accelerated slightly to 5.7 percent in August from 5.4 percent in July, reaching its…
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