Egypt's central bank kept its overnight interest rates unchanged on Thursday, as expected, saying that while inflation was ...

Egypt’s state grain buyer, Mostakbal Misr for Sustainable Development, has locked in enough wheat to meet the country’s needs ...

The International Monetary Fund said on Wednesday it reached a staff-level agreement on the fourth review under the Extended ...

Egypt will probably hold interest rates at a record high, seeking to ensure inflation keeps slowing before embarking on its ...

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Events in the Red Sea and regional challenges cost Egypt around $7 billion in revenues from the Suez Canal in 2024, Egyptian ...

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Inflation has been fuelled largely by an expansion of the money supply. Egypt's M2 money supply grew by 29.54% year-on-year in October, central bank data showed.

Monetary aggregates, known also as "money supply", is the quantity of currency available within the economy to purchase goods and services. Depending on the degree of liquidity chosen to define an ...

Jumia's Q3 results were mixed, with improving usage trends offset by currency headwinds and elevated expenses. Click here to ...

Egypt, grappling with high inflation and shortages of foreign currency, agreed to the $8 billion, 46-month facility in March.