Egypt is constructing a new administrative capital, located approximately 45 kilometres east of Cairo, to alleviate the ...

Egypt's giant New Administrative Capital recently became the country's official seat of government, but its development has ...

Egypt's real interest rate is still firmly positive and leaves plenty of scope for policymakers to deliver a 200 bp reduction," said James Swanston of Capital Economics. The central bank has been ...

Hassan Abdalla was among reformers under Hosni Mubarak Inherits host of problems, including overvalued currency Cairo government scrambling to raise dollar income CAIRO, Aug 26 (Reuters) - Egypt's ...

Jesus is a Newsweek reporter based in New York. Originally from Bogotá, Colombia, his focus is reporting on politics, current affairs and trending news. He has covered current affairs, healthcare ...

Cairo: The Central Bank of Egypt (CBE) offered treasury bills (T-bills) at a total value of EGP 75 billion through two issues ...

CAIRO, July 16 (Reuters) - The Central Bank of Egypt (CBE) is expected to keep ... bound of the target range," said James Swanston of Capital Economics. The monetary policy committee is targeting ...

While the Central Bank of Egypt unexpectedly raised interest rates on Thursda by 100 basis points (bps) to 19.25%, it still needs to do more in terms of rate hikes and devaluation, said Capital ...

The Central Bank of Egypt (CBE) issued rules for licensing ... activities and a stake of at least 30 percent of total capital. The new rules further mandate digital banks to provide a detailed ...

CAIRO—In a desert plain 40 miles east of central Cairo, a sprawling new capital city is taking shape ... Fattah Al Sisi’s vision of a modern Egypt, fueled by billions of dollars in debt ...