Egypt’s government reviews strategic petroleum reserves, sector payments
Egypt's Prime Minister, Moustafa Madbouly, held a meeting on Sunday to review the availability of Egypt’s strategic…
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central bank
Egypt reports strong economic performance ahead of IMF visit
Egypt’s Prime Minister Moustafa Madbouly chaired the Economic Ministerial Group meeting on Wednesday to review…
Morocco keeps interest rate at 2.25%
Morocco’s central bank kept its key rate at 2.25 per cent on Tuesday, citing global and domestic risks despite…
UAE cuts base rate by 25 bps
The Central Bank of the UAE (CBUAE) reduced its Base Rate for the Overnight Deposit Facility by 25 basis points,…
Qatar cuts key interest rates by 25 bps
Qatar’s central bank (QCB) has reduced its key interest rates by 25 basis points, effective Thursday.
Bangladesh’s remittances 8.90% in August
Remittances from Bangladeshis living and working abroad rose 8.90 per cent year-on-year in August to $2.42 billion,…
UK cuts interest rate to 4%
The Bank of England (BoE) decided on Thursday to cut the rate by 0.25 per cent points to 4 per cent, citing…
Kenya records 4.1% annual inflation in July
Kenya's annual inflation rose to 4.1 per cent in July from 3.8 per cent in June, driven by higher food, transport,…
Tunisia keeps interest rate steady
Tunisia’s central bank kept its benchmark interest rate unchanged at 7.5 per cent on Wednesday, following a…
Morocco explores digital currency for cross-border payments
Morocco’s central bank is studying the potential use of a central bank digital currency (CBDC) for peer-to-peer and…