Remittances from Egyptian expatriates hit a new record in the first nine months of fiscal year 2024/2025, driven by renewed confidence in the economy. Inflows surged by 83 percent to $26.4 billion ...

The ECB’s rate cuts have drawn the attention of President Trump, who has criticized the more cautious stance of Federal ...

Shares of Musk’s electric vehicle maker Tesla fell 14%, knocking about $150 billion off the company’s market valuation.

The European Central Bank is cutting its benchmark interest rate for an eighth time, aiming to support businesses and ...

President Donald Trump said it might be better to let Ukraine and Russia “fight for a while” before pulling them apart and ...

The European Central Bank cut interest rates as expected on Thursday but hinted at a pause in its year-long easing cycle ...

Frankfurt | The European Central Bank lowered borrowing costs for a fifth ... His return is already limiting rate cuts by the Federal Reserve. Mr Trump’s threat to raise tariffs on European ...

CAIRO - Egypt's central bank lowered its overnight interest rates by a less-than-expected 100 basis points on Thursday, saying economic growth had accelerated in the first quarter while inflation had ...

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE), at the conclusion of its meeting this Thursday, decided to reduce the overnight deposit and lending rates by one percentage ...

Arab Finance: The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) decided to cut key interest rates by 100 basis points (bp), according to a press release on May 22nd. The overnight ...

CAIRO, May 22 (Xinhua) -- The Central Bank of Egypt (CBE) decided on Thursday to cut overnight deposit rate, overnight lending rate, and the rate of the main operation by 100 basis points to 24 ...