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

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

Cabinet Spokesman Mohamed el Homosany said that Egypt seeks cutting inflation rate below 10 percent. He pointed out that the ...

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

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

The CEO of Egypt's third-largest bank tells Al-Monitor why he is hopeful about the country's economic recovery.

Although today’s dangers are not in the same league as a world war, they are significant. Pundits talk of a “polycrisis” ...

The International Monetary Fund on Thursday said it would combine the fifth and sixth reviews of Egypt's $8 billion support ...

Xi Jinping and Vladimir Putin were both missing from the BRICS summit that kicked off Sunday in Rio de Janeiro, hosted by ...

Saudi Arabia's benchmark index dropped 0.5%, hit by a 0.4% fall in Al Rajhi Bank. Oil behemoth Saudi Aramco fell 0.7% ...

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 ...

Egypt's annual urban consumer price inflation slowed to 14.9% in June from 16.8% in May, data from statistics agency CAPMAS showed on Wednesday. The drop in inflation is steeper than the median ...