The Central Bank of Egypt decides to raise the interest rate by 2%

Cairo – Eco - Fady Labib : The Monetary Policy Committee of the Central Bank of Egypt decided, in its meeting today, to raise the overnight deposit rate, the central bank’s overnight lending rate, and the main operation rate by 200 basis points, to 18.25 percent, 19.25 percent, and 18.75 percent. percent, respectively. The discount rate was raised by 200 basis points to 18.75 percent ...

Details of the Minister of Finance's meeting with the British Ambassador and the Egyptian British Chamber of Commerce

 

" Maait ": Encouraging investors to make Egypt a center for their production and export activities.. and " Bailey " confirms: Egypt is an attractive destination for British investments

Cairo – Eco - Fady Labib : Minister of Finance, Dr. Mohamed Maait, confirmed that Egypt, with its wise political leadership, is open to the world, within the framework of balanced relations, and is interested in strengthening economic cooperation ...

Prince Mohammed bin Salman announces the launch of the " new square " as the largest downtown in the world in Riyadh

 

Riyadh – Eco - Fady Labib : The Saudi Crown Prince, Prime Minister and Chairman of the Board of Directors of the New Square Development Company, Prince Mohammed bin Salman bin Abdulaziz Al Saud, announced today, Thursday, the launch of the New Square Development Company ...

The Central Bank of Egypt raises interest rates on Egyptian treasury bills

Cairo - Eco - Fady Labib : The Central Bank of Egypt raised interest rates on Egyptian treasury bills for 364 days to 22.126% in today’s auction results from 22% in the previous auction ...