IMF upbeat about Egypt’s GDP growth
In what analysts consider a positive indicator, the International Monetary Fund (IMF) kept last week its forecast for economic growth...
MPC keeps rates steady to curb inflation
In what could be a move to curb inflationary pressures, the Monetary Policy Committee (MPC) of the Central Bank of...
IMF lauds Egypt’s macroeconomic stability
The International Monetary Fund (IMF) has praised Egypt's efforts to restore macroeconomic stability, citing positive results. Julie Kozack, IMF's Director...
Growing financial inclusion lifts e-wallets above 42m
The number of e-wallets rose to 42.14 million in March 2024, while the number of transactions jumped to 138 million...
Easing inflation to lift Egypt’s GDP growth to 4.2%
The Central Bank of Egypt (CBE) may start monetary easing by February 2025, slashing interest rates by 12 per cent,...
Bank deposits rise to LE11.67 trillion in April
Bank deposits rose by LE1.51 trillion to LE11.67 trillion in April 2024, against LE10.16 trillion in December 2023, according to...
MPC keeps rates unchanged on easing inflation
Analysis by Ahmed Kamel The Central Bank of Egypt (CBE) has kept overnight interest rates steady in the wake of...
Non-bank mortgage finances jump 172.5% in H1
Non-bank mortgage finances leaped by 172.5 per cent to LE11.69 billion in the first half (H1) of 2024, up from...
FRA report: 4-month leasing falls 9.8% to LE33.2b
Leasing fell by 9.8 per cent, year-on-year, to LE33.23 billion between January and April 2024, down from LE36.34 billion in...
CBE withdraws liquidity worth LE1.249 trillion to combat inflation
The Central Bank of Egypt (CBE) withdrew, in an open market tender last week, liquidity worth LE1.249 trillion from 29...
The Egyptian Gazette is the oldest English-language daily newspaper in the Middle East.
It was first published on January 26, 1880 and it is part of El Tahrir Printing and Publishing House.