National Bank of Egypt says won’t slash rates on saving certificates
National Bank of Egypt (NBE), the country's largest state bank, has decided not to slash the interest rates of it…
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interest rates
Egypt’s central bank cuts interest rates 1%, third time in 2019
Egypt's central bank has decided on Thursday to cut interest rates by 1 percent, reducing the credit and discount…
Egypt’s c.bank likely to cut second straight interest rates
Central Bank of Egypt (CBE) is expected to cut its key interest rates by 50 to 150 basis points on Thursday, a…
HC says Egypt c.bank to cut rates by 100 bps this week
Investment bank HC Securities and Investment expects Egypt's central bank will cut interest rates by 100 basis…
US Fed cuts interest rates for second time since 2008, amid “uncertainties”
The US central bank has cut interest rates for only the second time since 2008, amid concerns about slowing global…
Fed expected to cut rates again, second time in a decade
The U.S. Federal Reserve is expected to lower interest rates for the second time in a decade Wednesday, but Fed…
European banks may be at risk of failure if negative rates keep on – EIU
Large banking institutions in Europe may face the risk of failure if interest rates continue to stay negative, an…
Rate cut to save Egypt’s Palm Hills $4.8 mln on financing costs
Egyptian property company Palm Hills said on Thursday it would save between 70-80 million Egyptian pounds ($4.25…
Goldman Sachs sees Egypt’s 10-year bonds ‘extremely attractive’ on rate cuts
Egypt’s 10-year bonds will become an “extremely attractive” option for investors looking for higher yields as the…
Naguib Sawiris applauds Egypt bold rate cut
Egyptian billionaire Naguib Sawiris on Monday lauded the interest rate cuts in Egypt, describing the central bank…