News

Al-Monitor6h
Egypt banks on Beijing as premier visit seals yuan, payment deals
The deals were announced during the visit by a senior Chinese delegation led by the country’s premier to Cairo this week.
Egypt, China Central Banks Sign Pacts To Boost Yuan Use, Payment Systems
The central banks of Egypt and China on Tuesday signed three memoranda of understanding aimed at promoting the use of the ...
Egypt Halts Rate Cuts, With Caution Outranking Slower Inflation
Egypt left interest rates on hold, snapping two rounds of monetary easing, as caution about tensions in the region and the ...
Egypt's Core Inflation at 11.4% Y/y in June, Down From 13.1% in May
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 ...
ZAWYA14h
Egypt, China sign 3 MoUs to boost financial, payment system ties
The agreement aims to promote the use of the Chinese yuan among businesses operating in the Egypt-China Economic and Trade ...
China, Egypt sign MoU to boost financial ties, promote local currency settlement
China and Egypt signed a memorandum of understanding (MoU) on Thursday to enhance bilateral financial collaboration, ...
U.S. News & World Report4d
Egypt's Central Bank Expected to Keep Interest Rates Steady on July 10 ...
Egypt's central bank had been working to reduce inflation, which has trended downwards from a peak of 38% in September 2023. At its monetary policy committee meeting in April, ...