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Central Bank

Egypt's Currency Resilience: Foreign Currencies Decline Against the Egyptian Pound for the Second Consecutive Week

Egyptian pound remains strong as foreign currencies witness decline for the second week in local banks.

Egypt's Central Bank Holds Rates Steady in Inflation Fight, Fitch Forecasts Positive Real Interest Rates

Egypt's Central Bank is set to maintain its key interest rates following a significant hike earlier this month, according to Fitch Ratings.

Egyptian Real Estate Council President Applauds Interest Rate Surge and Exchange Rate Fairness Announcement

President of Egyptian Real Estate Council, lauds recent economic measures by highlighting their positive impact on market stability.

Egyptian Central Bank Deputy Governor Outlines Economic Growth, Employment Goals

Abu El-Naga affirmed the diversified nature of the Egyptian economy, capable of attracting foreign direct investments through upcoming measures.

Governor Hassan Abdalla: Central Bank Takes Decisive Action, Acknowledges Massive Dollar Supply Through Banking System

Egypt's Central Bank takes decisive measures to tackle inflation, raising interest rates by 6% and acknowledging a substantial supply of dollars through the banking system.