New report highlights expansion of presidential powers
EIPR argues that President’s decree to remove independent bodies’ heads poses threat…
Fed leaves door open for September rate hike
Following a two-day policy meeting, the Federal Reserve kept its benchmark interest…
IMF’s Lagarde: Greek debt restructuring ‘inevitable’
The head of the International Monetary Fund, Christine Lagarde, has insisted that…
CBE maintains key interest rates
The CBE also kept the discount rate unchanged at 9.25%.
Dollar stable at EGP 7.53 at CBE, EGP 7.63 at NBE
Rate ranges between EGP 7.8 to EGP 8 in unofficial market.
Presidential decree appoints board of trustees for ‘Long Live Egypt’ Fund
Other decrees raised military pensions by 15%, approved foreign loans to enhance…
Inflation rate rose by 0.7% in October
Higher energy prices may be driving inflation, says former IMF assistant
Interest rate hike to threaten government debt inflation if financial reform fails: DCode Chairman
Central Bank of Egypt increased interest rates by 1% to contain high…
Q3 of FY 2013/2014 witnessed rises in foreign and domestic debt
Foreign debt recorded at $45.3bn, while domestic debt reached EGP 1.7tn
Restored confidence in Egypt’s economy to improve currency exchange rate: CBE
Deputy Governor of Central Bank says stimulating national economy, working on bank…