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Saudi c. bank cuts repo, reverse repo rates by 25 basis points
Saudi Arabia’s central bank (SAMA) on Wednesday reduced the Repurchase Agreement (Repo) rate by 25 basis points to…
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…
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 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…
Egypt, EIB discuss expansion of water, wastewater projects
Egypt’s Minister of Housing Sherif El-Sherbiny met with a European Investment Bank (EIB) delegation on Tuesday to…
Egyptian government, central bank step up coordination on key economic policies
Prime Minister Moustafa Madbouly met on Monday with Central Bank of Egypt (CBE) Governor Hassan Abdalla on Monday…
Suez Canal revenues forecast to hit $10b by FY2027/2028 – chairman
Egypt’s Suez Canal Authority expects revenues of $8 billion in 2026/27 and $10 billion in 2027/28, Chairman Osama…
IMF delegation praises Suez Canal as key to global supply chains
A delegation from the International Monetary Fund (IMF) visited the Suez Canal on Monday, emphasising its strategic…