interest rates

Why is the US dollar rising in Egypt?
Business

Why is the US dollar rising in Egypt?

Economists have attributed the recent rise in the US dollar against the Egyptian pound to a combination of domestic and…
Raising interest rates constitutes a burden on investment: Investor
Business

Raising interest rates constitutes a burden on investment: Investor

The President of the Small and Medium Enterprises Investors Union and Vice President of the Investors Association, Alaa al-Sakaty, said…
Will the Central Bank of Egypt’s decision to fix interest rate be reflected in prices?
Economy

Will the Central Bank of Egypt’s decision to fix interest rate be reflected in prices?

The Central Bank of Egypt on Thursday moved to fix the base interest rate at its eighth and final meeting…
Interest rates remain unchanged during Central Bank of Egypt’s latest meeting
Business

Interest rates remain unchanged during Central Bank of Egypt’s latest meeting

The Monetary Policy Committee of the Central Bank of Egypt kept interest rates unchanged during its latest meeting on Thursday.…
US dollar price stabilizes throughout Egypt on Friday morning
Business

US dollar price stabilizes throughout Egypt on Friday morning

The US dollar stabilized against the Egyptian pound on Friday, with the following prices: Central Bank of Egypt LE 30.83…
Was last fall’s UK Treasury crisis a warning bell for SVB?
World

Was last fall’s UK Treasury crisis a warning bell for SVB?

Investors might not have to look so far back to see their own future. Six months ago an alarm went off in…
CBE expected to raise interest rates by up to 300 bps in March: Goldman Sachs
Business

CBE expected to raise interest rates by up to 300 bps in March: Goldman Sachs

Goldman Sachs expects the Central Bank of Egypt to raise interest rates by up to 300 basis points in its…
After raising interest rate by 50 bps, what will be the impact of the US Fed Reserve’s decision on Egypt?
Business

After raising interest rate by 50 bps, what will be the impact of the US Fed Reserve’s decision on Egypt?

The Federal Reserve abandoned an unprecedented series of decisions to raise interest rates by 75 basis points. This happened over…
Egypt sees a return of the 18% interest rates on longterm Bank deposits
Business

Egypt sees a return of the 18% interest rates on longterm Bank deposits

Many curious citizens have wondered about banks and the services they provide to customers: most importantly is the deposit savings…
Bank of England sets biggest rate hike in 33 years and warns of a long recession
World

Bank of England sets biggest rate hike in 33 years and warns of a long recession

LondonCNN Business —  The Bank of England raised interest rates by three quarters of a percentage point on Thursday, the biggest hike in…
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