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Business
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Economy
9/14/2025 2:09:14 PM
The US Federal Reserve is widely expected to make its first interest rate cut of the year at its policy meeting this week, spurred by a weakening jobs market, but political tension looms over the gathering.
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Business
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Markets & Companies
9/12/2025 12:12:11 PM
Global stock markets rose on Thursday as US inflation data came in as anticipated, reinforcing the prospect of a Federal Reserve interest rate cut next week.
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Business
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Markets & Companies
9/10/2025 2:41:53 PM
Global stock markets rose Wednesday, with some Asian indices reaching record heights, as expectations of more cuts to US interest rates offset escalating geopolitical tensions.
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Business
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Economy
9/10/2025 12:12:41 PM
Egypt’s headline monthly inflation recorded a slight uptick of 0.2 percent in August 2025, with the country’s Consumer Price Index (CPI) reaching 257.1 points, according to figures released by the Central Agency for Public Mobilization and Statistics (CAPMAS) on Wednesday.
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Business
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Economy
9/9/2025 4:46:34 PM
The Egyptian pound (EGP) strengthened to its highest level against the US dollar and other currencies in more than a year, according to closing exchange rates published by the Central Bank of Egypt (CBE) and several commercial banks on Tuesday.
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Business
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Economy
9/3/2025 2:20:51 PM
The Central Bank of Egypt (CBE) announced on Wednesday a notable increase in financial inclusion rates, with 76.3 percent of Egyptians aged 15 and above owning and using active financial accounts as of June 2025, up from 74.8 percent in December 2024.
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Business
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Economy
9/1/2025 12:26:28 PM
Egypt’s two largest state-owned banks, the National Bank of Egypt (NBE) and Banque Misr, have announced new reductions in interest rates on savings products in both Egyptian pounds and US dollars, effective Monday, 1 September.
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Life & Style
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Health
8/31/2025 12:00:12 PM
The global cholera situation is worsening, with outbreaks across 31 countries and a surging fatality rate, the World Health Organization said.
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Business
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Economy
8/29/2025 1:00:12 PM
Egypt’s Ministry of Planning, Economic Development and International Cooperation has unveiled the key pillars of its FY2025/2026 Economic and Social Development Plan, aiming for a 4.5 percent GDP growth rate and EGP 3.5 trillion in total investments.
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Business
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Economy
8/28/2025 9:07:43 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided on Thursday to lower the CBE’s key policy rates by two percent (200 bps), citing improved inflation dynamics and stronger-than-expected economic growth.
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Business
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Economy
8/28/2025 10:55:00 AM
As Egypt’s inflation rate slows and the pound (EGP) strengthens, the Central Bank of Egypt (CBE) faces a critical decision: whether to reduce interest rates in its upcoming meeting after almost a year and a half of tightening monetary policy.
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Opinion
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8/27/2025 8:05:52 PM
Caught between the risks of higher inflation and rising unemployment, US Federal Reserve Chair Jerome Powell signalled cuts in interest rates at this year’s Jackson Hole Symposium, writes Mahmoud Mohieldin
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Business
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Economy
8/25/2025 3:42:17 PM
Egypt’s key policy rate is expected to drop to 21 percent by the end of 2025, before falling further to 11.25 percent in 2026 and stabilizing at 8.25 percent between 2028 and 2034, according to Fitch Solutions.
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Business
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Economy
8/21/2025 5:18:16 PM
European car and pharmaceutical exports to the United States will be subjected to a 15-percent tariff rate, a joint US-EU statement detailing their trade deal showed on Thursday.
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Business
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Markets & Companies
8/21/2025 1:19:29 PM
Markets were varied during cautious trading sessions on Thursday, one day before a key speech expected to offer signals about future interest rate cuts in the United States.
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Egypt
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Society
8/18/2025 5:38:28 PM
President Abdel-Fattah El-Sisi emphasized on Monday the need to continue efforts to increase foreign currency revenues, especially from domestic sources, and maintain close coordination between the government and the Central Bank of Egypt (CBE) to ensure a flexible and unified exchange rate for foreign currencies.
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Egypt
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Society
8/15/2025 6:25:04 PM
A new report by Egypt’s Central Agency for Public Mobilisation and Statistics (CAPMAS) shows that the country’s unemployment rate fell to 6.1 percent in the second quarter of 2025 (April–June), marking a 0.2 percentage point decline from the previous quarter.
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Al-Ahram Weekly
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Economy
8/14/2025 8:58:36 PM
Safeya Mounir listens to expert justifications for the unexpected drop in inflation rates last month.
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Business
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Markets & Companies
8/13/2025 2:07:11 PM
Shares charged higher Wednesday in Europe and Asia after US stocks hit new records when data showed inflation across the United States improved slightly last month.
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Business
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Economy
8/13/2025 10:58:02 AM
President Donald Trump said Tuesday he might allow "a major lawsuit against" the US central bank chief to proceed, as he complained again about renovations to the Federal Reserve headquarters and renewed pressure to lower interest rates.
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