Egypt's progress on structural reforms under an $8 billion International Monetary Fund loan agreement has been mixed, the ...

Prime Minister Mostafa Madbouli said many international institutions have praised Egypt’s economic resilience, noting that ...

FILE - A general view of Cairo, Egypt, May 25, 2022. For decades, millions of Egyptians have depended on the government to keep basic goods affordable. But a series of shocks to the global economy ...

The overnight deposit rate remains at 24%, the overnight lending rate at 25%, and the rate of the main operation at 24.5% ...

Despite the slowdown of inflation in the country, economic hardship is still a reality for many Nigerians. Contrary to headline inflation, food inflation rose slightly in the past month.

The CBE reiterated its mandate to achieve price stability, reaffirming its medium-term inflation target of seven percent (± ...

Egypt’s annual inflation rate eased to 14.4 percent in June, down from 16.5 percent the previous month, according to data ...

Egypt's headline inflation rate dropped dramatically last month to 12.8 per cent, down from 24 per cent in January, as the country carries out several reforms amid efforts to stabilise its economy ...

The Egyptian government says the economy may have turned a corner, forecasting lower inflation, respectable growth and reduced indebtedness, but experts and commentators insist only a major shift ...

CAIRO (Reuters) -Egypt's core inflation was 11.4% on an annual basis in June, down from 13.1% in May, the central bank said ...

Egypt urban inflation rises to 26.2% in August, first jump in five months The unexpected increase in inflation comes as Egypt deals with the economic effects of the Red Sea attacks and a new cabinet ...

A floating exchange rate and international support have helped draw billions of dollars back into Egypt’s economy. Now the banking industry hopes to see reforms to create a more dynamic private sector ...