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Economists have trimmed forecasts for Egyptian economic growth this year and next, in part due to tariffs imposed by the ...
In a decisive policy shift, the Central Bank of Egypt slashed its benchmark interest rate by 225 basis points in April, ...
Egypt’s currency plunged the most since last year’s devaluation to hit a record low after US President Donald Trump’s tariffs roiled global markets.
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Amid global market volatility and mounting domestic economic pressures, the Egyptian pound (EGP) is undergoing one of its most sensitive phases since the 2016 currency floatation.
Prices for fish feed have nearly doubled over the past year, now ranging between EGP 25,000 and 28,000 per metric ton ...
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Prices for diesel fuel, one of the most commonly used fuels in the country, were raised by 2 Egyptian pounds ($0.0390) to 15.50 pounds per litre from 13.50 pounds. Gasoline prices increased by as ...
Cairo-based financial services provider Beltone Holding has raised its capital by 10.5 billion Egyptian pounds ($205 million), it said in a statement on Monday.