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…
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interest rates
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…
Telecom Egypt saves 20% on financing costs after rate cuts
Telecom Egypt will save 20% on financing costs after the Central Bank of Egypt cut interest rates, a company…
Egypt’s 2019 interest rates likely to be fixed at 14.25% – forecasts
The Central Bank of Egypt (CBE) cut interest rates last week by 1.5 percent, down to 14.25 percent, the first cut…
Egypt’s Banque Misr cuts rates on variable-return certificates of deposit
Banque Misr has lowered the interest rates on its variable-return certificate of deposit by 1.5 percent, the vice…