MPC decides to cut key policy rates by 225 basis points

Cairo – Eco – Fady Labib :  The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided today to cut the CBE’s overnight deposit rate, overnight lending rate, and the rate of the main operation by 225 basis points to 25.00 percent, 26.00 percent, and 25.50 percent, respectively. The Committee also decided to cut the discount rate by 225 basis points to 25.50 percent ...

About new US tariffs

 washington - Eco - Fady labib : There have been several significant developments regarding US customs duties recently. Here's a summary of the key changes as of Saturday, April 5, 2025: ...

Governor of the Central Bank of Egypt Heads Egypt's Delegation in the G20 Finance Ministers and Central Bank Governors’ Meeting in South Africa

 

 South Africa - Eco - Fady Labib : H.E. Mr. Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), headed the Egyptian delegation in the first 2025 meeting of the G20 Finance Ministers and Central Bank Governors in South Africa ...

President El-Sisi receives the Secretary-General of the International Maritime Organization

Cairo - Eco - Fady Labib : Today, President Abdel Fattah El-Sisi met with Secretary-General of the International Maritime Organization (IMO) Mr. Arsenio Dominguez, in the presence of Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Lieutenant General Kamel El-Wazir ...