Inflation
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اقتصاد
Egyptian Banks Dismiss 30% Deposit Certificate Rumors Ahead of Key CBE Rate Decision
Rumors have circulated regarding the potential launch of new savings certificates by Egyptian banks, offering yields as high as 30%,…
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اقتصاد
Egyptian Banks Lure High-Net-Worth Clients with Over 17% Savings Yields Ahead of Rate Decision
Several banks operating in Egypt have moved to attract high-net-worth clients by offering savings certificates with yields exceeding 17%, with…
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اقتصاد
Egypt’s Central Bank Poised for Rate Cut Amid Easing Inflation, Surveys Show
Multiple surveys suggest the Central Bank of Egypt (CBE) is set to cut interest rates next Thursday by 50 to…
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اقتصاد
Bank Misr Introduces New Savings Certificates Ahead of Key CBE Rate Decision
CAIRO – Bank Misr has launched new savings certificates offering a fixed monthly return of 17% and declining yields starting…
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اقتصاد
Egypt Awaits IMF Board Approval for $2.7 Billion Tranche Amid Strong Growth Outlook
Egypt is awaiting approval from the International Monetary Fund’s (IMF) Executive Board for the fifth and sixth reviews of its…
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اقتصاد
Gold Poised for Record Highs, Eyes $5,000 Mark Amid Rate Cut Expectations
Gold is set to reach new historical peaks by the end of the current year, driven by a weakening U.S.…
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اقتصاد
Egypt Secures $2.7 Billion IMF Funding After Key Reforms, Growth Surge
International Monetary Fund (IMF) staff and Egyptian authorities have reached a staff-level agreement on the fifth and sixth reviews under…
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