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Money
UAE c. bank cuts base rate by 25 basis points
The Central Bank of the UAE (CBUAE) on Wednesday lowered its Base Rate for the Overnight Deposit Facility by 25…
US Fed cuts interest rate to 3.5–3.75%
The US Federal Reserve on Wednesday lowered its benchmark interest rate by 1/4 percentage point to 3-1/2 to 3‑3/4…
Egypt’s PM: IMF talks progressing, positive news expected in 2 days
Egyptian Prime Minister Moustafa Madbouly said Wednesday that discussions with the International Monetary Fund…
Egypt opens Hurghada Airport to private partnership bids
Egypt has opened the first stage of a plan to bring private-sector management into one of its busiest airports,…
URGENT: Egypt’s annual core CPI inflation hits 12.5% in November: CBE
Egypt’s annual core inflation edged up to 12.5 per cent in November from 12.1 per cent a month earlier, Central…
Egypt’s exports jump 28.2% in September as trade deficit narrows: CAPMAS
Egypt’s exports surged 28.2 per cent in September to $4.9 billion, helping narrow the trade deficit to $3.3 billion…
Egypt holds talks with EBRD to boost investment in oil, mining sectors
Egypt’s Petroleum Minister Karim Badawy held talks with a high-level delegation from the European Bank for…
Egypt signs six deals with EBRD to boost investment, renewable energy
Egypt signed six memoranda of understanding and agreements with the European Bank for Reconstruction and…
URGENT: Egypt’s monthly inflation slips 0.2% in November – CAPMAS
Egypt’s monthly consumer inflation edged down 0.2 per cent in November, driven mainly by a sharp retreat in…
FAO awards Egypt’s Sisi with Agricola Medal for food security efforts
Egyptian Prime Minster Moustafa Madbouly collected the UN Food and Agriculture Organisation’s (FAO) highest honour…