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Economy 14 Aug 2020 | 7:00 AM

World’s highest real rate is right where Egypt wants it now

CAIRO: A single emergency interest-rate cut by Egypt at the height of the coronavirus pandemic delivered all the monetary stimulus the economy is likely to get any time soon.

Economy 11 Jun 2020 | 7:00 AM

Egypt inflation at six-month low in reprieve amid virus fight

CAIRO: Inflation in urban parts of Egypt decelerated to its lowest level since November, as authorities battle to offset the impact of the global coronavirus pandemic

Economy 15 May 2020 | 7:00 AM

Egypt’s US$10bil funding gap may stall rate cuts

CAIRO: Egypt’s funding needs will probably prove decisive for the central bank, ensuring a longer pause in interest rates after a record cut in March.