Stay updated with breaking news from Patrick Werr. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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.
Egypt's 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....