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CBE cuts key interest rates by 100 bps

Central Bank of Egypt slashes key interest rates by 100 basis points, with overnight deposit rate dropping to 21% and lending rate to 22%.

Finance Minister says Competitive Neutrality Law implementation strengthens fair competition and government's private sector-driven economy pledge.

US dollar returns to "true value" of LE47 from unjustified LE52 peak. Economist predicts stability through year-end amid improved indicators.

Egypt's agricultural exports surge to 7.5 million tons this year, up 650,000 tons year-over-year, per Agriculture Minister Alaa Farouk.

Foreign Minister highlights promising opportunities for French companies in Egypt, particularly in Suez Canal Economic Zone during Paris meeting.

Events

EgyMedica 07.10.2025

EgyMedica 07.10.2025

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