Page 19 - Patrick Werr News Today

Egypts current account deficit fell by almost half in the April-June quarter as non-oil imports tumbled by nearly 20% from the previous quarter, the central bank said in balance of payments... | October 5, 2022

CAIRO (Reuters) - Egypt's non-oil private sector shrank for the 22nd month in a row in September as the country's faltering economy weighed on busines...

Egypts net foreign assets fell by 18.06 billion Egyptian pounds in August, resuming a near year-long decline that had paused the month before, central bank data showed. ...

Christeen Aiad from eastern Cairo had been hoping to buy a small automatic car this year, but rules preventing importers trading in scarce dollars put paid to that and she is having to get around...

CAIRO (Reuters) - The Central Bank of Egypt (CBE), bucking analyst expectations, left its overnight interest rates unchanged on Thursday, saying it be...

CAIRO (Reuters) - The Central Bank of Egypt (CBE), bucking analyst expectations, left its overnight interest rates unchanged on Thursday, saying it believed inflation was under control over the medium term.

Egypts central bank will raise its overnight deposit rate by 100 basis points on Thursday as it tries to dampen resurgent inflation, a Reuters poll forecast.... | September 19, 2022

CAIRO (Reuters) - Egyptian President Abdel Fattah al-Sisi began a two-day visit to Qatar on Tuesday, his first since Cairo and Doha restored relations last year following a regional diplomatic rift.

Non-oil private sector activity in Egypt shrank for the 21st month running in August, and businesses took a bleak view of the year ahead amid concerns over the currency, Ukraine and import...

CAIRO, Aug 30 (Reuters) – Egypt’s finance ministry has put in place a package of measures to clear a backlog of goods piled up in port, a ministry statement said on Tuesday....