Egypt’s July Headline Inflation Dips to Four-Year Low

• Sunday, 18th August 2019
• by Invest Gate

Egypt’s annual headline inflation rate had fallen to a four-year low, dipping to 8.7% in July from 9.4% a month earlier, despite the fresh round of subsidy cuts that pushed domestic fuel prices up by 16-30%.

CBE Lowers Interest Rates by 1%

• Wednesday, 20th February 2019
• by Invest Gate

The Central Bank of Egypt (CBE) announced that its Monetary Policy Committee (MPC) decided to cut interest rates by 1%

CBE Keeps Overnight Interest Rates Unchanged

• Sunday, 26th August 2018
• by Invest Gate

The Central Bank of Egypt (CBE) decided to keep overnight deposit rate, overnight lending rate, and the rate of the main operation unchanged at 16.75 %, 17.75 %, and 17.25 %, respectively

Central Bank of Egypt cuts interest rates by 100 basis points

• Sunday, 18th February 2018
• by Invest Gate

Egypt cut interest rates by 100 basis points for the first time since the currency floatation back in November 2016, Egypt’s Central Bank (CBE) said on Thursday

CBE Keeps Main Interest Rates on Hold

• Sunday, 1st October 2017
• by Invest Gate

Egypt’s central bank said in a statement it left its main interest rates unchanged on Thursday at a meeting of its monetary policy committee

Mortgage Finance Fund Loans Remain Steady Amid Interest Hikes

• Sunday, 6th November 2016
• by Karim Mohy

The loans provided by the Mortgage Finance Fund for real estate, targeting middle- and low-income citizens, will remain steady amid a 3% increase in key interest rates at banks, Mai Abdel Hamid, Chairman of Mortgage ...