News

The central banks of Egypt and China on Tuesday signed three memoranda of understanding aimed at promoting the use of the ...
Egypt left interest rates on hold, snapping two rounds of monetary easing, as caution about tensions in the region and the ...
The agreement was signed Thursday during Chinese Premier Li Qiang’s official visit to Egypt and was witnessed by Egyptian ...
CAIRO (Reuters) -Egypt's core inflation was 11.4% on an annual basis in June, down from 13.1% in May, the central bank said ...
The agreement aims to promote the use of the Chinese yuan among businesses operating in the Egypt-China Economic and Trade ...
China and Egypt signed a memorandum of understanding (MoU) on Thursday to enhance bilateral financial collaboration, ...
CAIRO, March 6 (Reuters) - Egypt central bank governor said on Wednesday that the bank is leaving the exchange rate to be determined by the market mechanisms but has the ability to intervene based ...
Egypt’s central bank sold $1.5 billion to banks in an exceptional auction to help cover importers’ foreign currency refinancing needs, just days after it devalued the local currency.