A floating exchange rate and international support have helped draw billions of dollars back into Egypt’s economy. Now the banking industry hopes to see reforms to create a more dynamic private sector ...

The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...

The number of real estate development companies operating in Egypt has grown remarkably over recent years, rising from just ...

Egypt left interest rates on hold, snapping two rounds of monetary easing, as caution about tensions in the region and the ...

Egypt’s inflation rate fell in June, ending three months of rises, as officials contend with an interest-rate decision on ...

The central bank lowered rates by 100 basis points on May 22 and by 225 basis points on April 17, its first adjustments since ...

These contracts, some of which started more than 60 years ago, have kept rents low for decades. The change is one of the most ...

Henley & Partners and New World Wealth published a new report last week predicting that 16,500 millionaires would leave the U ...

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is scheduled to convene on Thursday, the third meeting in 2025, to review the key interest rates in light of the latest ...

Operating profitably and expanding outside Egypt MoneyFellows says it has reached profitability in Egypt, placing it among a small group of African fintech startups operating in the black.