In its first meeting in 2023, the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to maintain unchanged the current rates.
03.02.2023
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Ahram Online
The CBE attributed the surplus to the growing revenues of tourism, Suez Canal as well as petroleum and non-petroleum exports.
03.02.2023
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News by
Egypt Today
The BRICS group comprises the major emerging economies, namely Brazil, Russia, India, China, and South Africa. It is headquartered in Shanghai, China.
03.02.2023
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Rumors of imposing customs on jewelry, personal jewelry, and personal electronic devices is unfounded: minister.
03.02.2023
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Egypt's balance of payments improved in the first quarter of the fiscal year.
03.02.2023
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ahram online
The report showed that the country’s real GDP growth for FY 2023/2024 is projected to reach 5.3%.
03.02.2023
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Zawya
Since March last year, the Egyptian pound lost almost 50 percent of its value against the US dollar.
03.02.2023
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Ahram Online
The step reflects the Central Bank of Egypt’s desire to respond to investors’ expectations that interest rates will take an upward curve.
03.02.2023
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Remco is an Egypt-based company that operates in tourism and entertainment projects development and construction.
03.02.2023
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Zawya
The Parliament approved an agreement that allows Egypt to join BRICS group's New Development Bank.
03.02.2023
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Egypt Today
This came after a cabinet meeting that aimed to review a number of economic files.
02.02.2023
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Egypt Today
Madbouly will participate on behalf of Egypt’s President Abdel Fattah Al-Sisi, in the summit which will run on 2 and 3 February.
02.02.2023
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Daily News Egypt
The best way to improve the investment climate in the future is by announcing monetary policies that ensure the stability of policies.
02.02.2023
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Ahram Online
Egypt’s annual urban consumer inflation continued to rise in December, recording 21.3 percent, the highest since the end of 2017.
02.02.2023
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Ahram Online
Egyptian MPs welcomed the agreement, seeing in it a way to help reduce demand for US dollars.
02.02.2023
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Economic Times
NFAs improved to a negative 494.3 billion Egyptian pounds from a negative 541.5 billion in November.
02.02.2023
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Reuters
The central bank raised rates by a larger-than-expected 300 bps at its last meeting on Dec. 22 and by 200 bps at a surprise meeting on Oct. 27.
01.02.2023
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Reuters
Last month, the Egyptian Exchange released new criteria for inclusion in the EGX30 in a bid to make the benchmark index more attractive for investors
01.02.2023
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Enterprise
The acquisition has been approved by the central bank and will take effect on Jan. 31.
01.02.2023
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Marketscreener
Minister of Finance, Mohamed Maait, stated that these initiatives help provide the necessary cash liquidity to ensure the rotation of the economy.
01.02.2023
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News by
Egypt Today
