Business
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Economy
10/17/2024 11:07:17 PM
The Central Bank of Egypt's (CBE) Monetary Policy Committee (MPC) decided on Thursday to maintain key interest rates at their current levels for the fourth consecutive time.
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Business
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Economy
10/16/2024 2:01:56 PM
The Central Bank of Egypt (CBE) will review the key interest rates in its Thursday meeting, with banking experts expecting the CBE to keep the interest rates unchanged.
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Al-Ahram Weekly
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Economy
10/15/2024 10:02:29 PM
The ongoing coupling of high inflation and rising interest rates needs to come to an end, writes economist Maha Rashied
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Business
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Economy
9/29/2024 8:24:06 PM
Prominent billionaire and real estate developer Naguib Sawiris called for a reduction in key interest rates by five to 10 percent in a recent conference titled Egypt's Real Estate Market: Building Global Destinations, held by AmCham Egypt on Sunday.
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Business
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Economy
9/24/2024 8:37:31 PM
The Gold market in Egypt has undergone major changes over the past few days after international gold prices surpassed $2,600 per ounce, which is mainly attributed to the U.S. Federal Reserve's decision to cut interest rates by 50 basis points last Wednesday.
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Business
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Economy
9/20/2024 3:28:50 PM
Economic experts told Ahram Online about their speculation that the US Federal Reserve's big move to cut interest rates would attract hot money to emerging markets, including Egypt.
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Business
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Economy
9/18/2024 3:48:48 PM
European stock markets and the dollar mostly slipped Wednesday as the US Federal Reserve prepared to cut interest rates for the first time in more than four years.
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Business
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Economy
9/16/2024 4:32:25 PM
American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised to announce this week: That it's cutting its key interest rate from a two-decade peak.
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Business
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Markets & Companies
9/10/2024 10:30:34 PM
Oil's main international benchmark fell below $70 per barrel for the first time since the end of 2021 amid mounting concerns about slowing global growth.
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Business
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Economy
9/4/2024 9:22:33 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is scheduled to convene on Thursday to decide on interest rates.
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Business
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Markets & Companies
9/2/2024 9:40:19 PM
Data showing weak Chinese economic performance hit stock market trading on Monday, offsetting optimism over an expected US interest-rate cut.
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Business
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Markets & Companies
8/27/2024 10:08:13 PM
Stock markets were little changed Tuesday as investors awaited clues on how much interest rates might be cut next month and the latest results from tech heavyweight Nvidia.
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Business
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Economy
8/27/2024 9:56:34 PM
The International Monetary Fund (IMF) has released its staff report addressing the discussions and the results of the third review of the Extended Fund Facility (EFF) loan programme that was approved for Egypt in December 2022.
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Business
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Economy
8/23/2024 6:15:00 PM
With inflation nearly defeated and the job market cooling, the Federal Reserve is prepared to start cutting its key interest rate from its current 23-year high, Chair Jerome Powell said Friday.
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Business
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Markets & Companies
8/21/2024 11:25:27 AM
Asian shares mostly declined Wednesday following a slip on Wall Street that snapped an eight-day winning streak, the longest of the year.
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Business
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Economy
8/14/2024 4:31:58 PM
US consumer inflation eased slightly in July, according to government data published Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates.
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Business
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Economy
7/29/2024 11:38:17 AM
Egypt is scheduled on the calendar of the International Monetary Fund's (IMF) Executive Board on Monday to discuss the third review of the current Extended Fund Facility (EFF) $8 billion loan programme, which concludes in September 2026.
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Business
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Economy
7/18/2024 7:46:41 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) opted to maintain the overnight deposit rate, overnight lending rate, and the rate of the main operation. The discount rate was also held steady at 27.25 percent, 28.25 percent, 27.75 percent, and 27.75 percent, respectively.
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Al-Ahram Weekly
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Economy
7/18/2024 1:12:00 PM
Egypt’s interest rates are likely to remain unchanged for now, according to experts.
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Business
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Economy
7/16/2024 10:58:30 PM
A senior US central bank official said in remarks prepared for delivery Tuesday that it might be apt to lower interest rates sooner rather than later if the job market cools "too much."
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