Banks to discuss fate of deposit, lending interests this week following CBE rate cut

NBE, Banque Misr to keep interests of fixed-rate saving certificates stable, cut those of variable-rate certificates by 1%

Hossam Mounir

7 extremists killed in gunfight with security forces in North Sinai

Forces tracking escaped terrorists to eliminate them

Daily News Egypt

Al-Sisi emphasizes African economic integration, eliminating terrorism, migrant crisis

Egyptian president discusses bilateral relations with Angela Merkel on the sidelines of MSC

Fatma Elkholosy

Egypt, China discuss enhancing bilateral tourism relations

Only shortcoming which Egyptian-Chinese tourism relations face is absence of controls for price reductions, says former tourism adviser at ministry

Nehal Samir

Shoukry discusses TICAD, G20 with Japanese counterpart during MSC

Egyptian minister, Armenian counterpart agreed to assign new ambassadors to each of their countries

Daily News Egypt

Video: CBE interest rate cuts in the eyes of Moody’s

https://youtu.be/vFtMAKv6-rE Egypt’s interest rate cut and easing inflation will support bank revenues, credit rating agency Moody’s told Daily News Egypt. They cited the Central Bank of Egypt’s (CBE) 1% interest…

Daily News Egypt

Interest rate cut to reduce borrowing costs: Moody’s

Egypt’s key credit challenges, including weak finances, large financing need, and high borrowing cost, drive exposure to interest rate shocks as well as large domestic funding cost to remain high,…

Daily News Egypt

Interest rates reduction decision by CBE is bold, revives investments in all sectors: Beltone

Decision will pave way for new reduction in interest rates in H1 2019

Hossam Mounir

Bundesliga: Bayern have Dortmund in their sights, but Liverpool have Bayern in theirs

Kingsley Coman struck twice as Bayern Munich recovered from a Leon Goretzka own goal after 13 seconds to get all three points in Augsburg. But Liverpool will be watching on,…

Deutsche Welle

Colin Kaepernick reaches settlement on NFL collusion suit

The league has agreed to pay the former star quarterback an undisclosed sum after blacklisting him. Kaepernick has emerged as an advocate and activist after his pre-game demonstrations cost him…

Deutsche Welle