Egypt’s PM reviews financing plans for strategic oil reserves, foreign partner…
Egypt’s Prime Minister Moustafa Madbouly on Tuesday reviewed financial arrangements to secure strategic petroleum…
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monetary policy
Moody’s affirms Egypt Caa1 rating on fiscal reforms
Moody’s Ratings has affirmed Egypt’s Caa1 long-term foreign and local currency issuer ratings and maintained a…
Egypt’s Central Bank Governor, Planning Minister discuss economic coordination
Egypt’s Central Bank Governor Hassan Abdalla met on Tuesday with Minister of Planning and Economic Development…
Sisi directs inflation control, economic growth
Egypt’s President Abdel Fattah El-Sisi stressed the need to reduce inflation by closely monitoring targeted…
Egypt’s FX reserves cover 6.9 months of imports, above global norms
Egypt’s net international reserves rose to a record $52.6 billion in January 2026, covering about 6.9 months of…
Asian stocks climb to six-week highs on Monday
Asian stocks climbed to six-week highs on Monday, while the dollar hovered near its weakest level in almost three…
URGENT: IMF reaches staff-level deal with Egypt on fifth, sixth reviews
The International Monetary Fund (IMF) has reached a staff-level agreement with Egypt on the fifth and sixth reviews…
Asian markets fall on Thursday
Asian markets fell on Thursday as technology stocks slid on renewed concerns over heavy AI spending, while…
Egypt strengthens fiscal, monetary coordination to support economy
Egypt’s government is working to reinforce coordination between fiscal and monetary policies to sustain economic…
Oman c. bank cuts repo rate by 25 basis points
The Central Bank of Oman (CBO) on Thursday cut the Repurchase Agreement (repo) rate by 25 basis points to 4.25 per…