Fitch Solutions Downgrades Projections for Egypt’s GDP growth
Fitch Solutions has downgraded its projections for Egypt’s real GDP growth for the second time in two months to reach 3% in 2021, down from the 3.2 % that in December 2020
NBK Sees COVID-19 Scars on Egyptian Economy Worn Off
The National Bank of Kuwait (NBK) has recently found that the Egyptian economy’s performance promises hopeful prospects, as the worst repercussions of the novel COVID-19 crisis wears off.
Egypt’s Central Bank Cuts Interest Rates by 0.5%
The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) has decided on November 15 to cut the overnight deposit rate, overnight lending rate, and the rate of the main operation by 0.5% (50 bps) to reach ...
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