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" Interest rate"

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Business - Economy
2/2/2023 11:13:00 PM
In its first meeting in 2023, the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to maintain unchanged the current interest rates.

Business - Economy
2/2/2023 2:23:12 PM
The European Central Bank chugged ahead with another outsized interest rate hike Thursday and vowed more to come, underlining its drive to subdue inflation even as the European economy slows and the U.S. Federal Reserve eases its pace of increases.

Business - Economy
2/2/2023 10:25:00 AM
America's Federal Reserve slowed its pace of interest rate hikes Wednesday, tempering an aggressive campaign to rein in costs as inflation cools while signaling the battle is not yet over.

Business - Economy
2/1/2023 4:18:47 PM
High interest rates carry multiple risks to the future of investment in Egypt. They negatively affect investment due to high financing prices, which in turn affect the ability of businesses to obtain the local financing necessary to build factories and expand, stated the Egyptian Junior Business Association (EJB) on Wednesday.

Business - Economy
2/1/2023 2:15:46 PM
Europe's inflation rate dipped at the start of the year, giving some relief to consumers but still leaving them facing higher prices that have driven protests and will likely press the European Central Bank into another interest rate hike Thursday.

Business - Economy
2/1/2023 2:12:56 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is scheduled to convene on Thursday, the first meeting in 2023, to review the key interest rates in light of the recent updates in the country’s macroeconomy.

Business - Economy
2/1/2023 12:15:54 PM
Global stocks rose Wednesday while Wall Street futures declined ahead of what traders hope will be the last Federal Reserve interest rate hike for some time.

Business - Economy
1/23/2023 10:12:03 PM
European Central Bank chief Christine Lagarde said Monday that interest rates need to continue rising at a "steady pace" in order to avoid inflation becoming entrenched.

Business - Economy
1/23/2023 5:51:20 PM
Stock markets headed higher Monday as investors eyed less aggressive US interest rate hikes this year with inflation starting to cool from sky-high levels

Business - Economy
1/18/2023 6:31:40 PM
Egypt’s cabinet approved on Wednesday the main framework of a new five-year initiative to fund industrial and agricultural sectors’ projects with loans at an 11 percent interest rate.

Al-Ahram Weekly - Egypt
1/17/2023 10:22:31 PM
How will the unprecedentedly high interest rates on certificates of deposit affect the economy as a whole, asks Nahla Abul-Ezz

Business - Economy
1/15/2023 5:28:26 PM
Egypt’s cabinet is set to announce this week a new five-year initiative to fund industrial and agricultural projects with loans at an 11 percent interest rate.

Business - Economy
1/12/2023 3:25:46 PM
Global stock markets mostly rose Thursday before data that is widely expected to show another softening of US consumer inflation, giving the Federal Reserve room to slow its interest rate hikes.

Business - Markets & Companies
1/5/2023 6:35:20 PM
Eurozone and US stocks fell Thursday as US jobs data added to concerns the Federal Reserve will push on with hikes in US interest rates to fight decades-high inflation.

Business - Economy
1/4/2023 12:30:27 PM
The National Bank of Egypt (NBE) and Banque Misr have issued new one-year maturity saving certificates with a 25 percent yield after one year, the highest yield on record, the two banks announced on Wednesday.

Business - Economy
12/30/2022 7:17:54 PM
Stock markets were wrapping up their worst performances in years on Friday before heading into 2023 under recession fears following Russia's invasion of Ukraine, high inflation, and rising interest rates.

Business - Economy
12/22/2022 9:10:00 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) has raised on Thursday the interest rates by three percent (300 bps), thus exceeding expectations.


Business - Economy
12/22/2022 12:53:00 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is set to hold its final meeting for 2022 on Thursday to review the key interest rates in light of the latest updates in the local and global economic scene, particularly the accelerating inflation rates.

Al-Ahram Weekly - Egypt
12/20/2022 1:08:00 PM
A year ago, experts warned of inflationary pressures because of increased demand after two years of closures related to the Covid-19 pandemic, which led to supply chain disruptions.

Business - Economy
12/15/2022 5:04:27 PM
The European Central Bank slowed its record pace of interest rate hikes only slightly Thursday, joining the U.S. Federal Reserve and other central banks around the world in reinforcing an inflation crackdown while glimpsing headway against the high prices that are plaguing consumers.

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