Egypt interest rate hike
Middle East

Egypt Interest Rate Hike: CBE Pushes Deposit Rate to 20 Percent and Lending to 21%

The central bank of Egypt has carried out a large, unexpected adjustment in policy this week which it is trying to use to firmly support

Egypt's Inflation Rate Drops to 12.8% in February
Middle East

Egypt’s Inflation Rate Drops to 12.8% in February

The price inflation rate in Egyptian cities decreased to 12.8% in February from 24% in January as the nation achieved an important economic advancement. The