The central bank's job got a little more complicated this week when food inflation came in at the highest in a year after a fourth monthly consecutive increase in May. Fresh foods and red meats were ...

Trump says Gaza deal ‘very close' * Hamas consulting on ceasefire and hostage release plan; Katz: Take it or be destroyed ...

A strong currency is one that trades where the world believes it should and stays there not by decree but by design.

The European Central Bank will almost certainly cut interest rates on June 5, with a more than 70% majority of economists ...

Egypt must be even more ambitious in its efforts to bolster growth and employment prospects as its economic picture gradually improves, the International Monetary Fund said on Tuesday. The Egyptian ...

The International Monetary Fund on Tuesday said Egypt is making progress towards economic stability, but said authorities ...

Egypt has made progress towards macroeconomic stability and has been streamlining tax and customs procedures, but still needs ...

Arab Finance: The Assets and Liabilities Committee (ALCO) at Banque Misr has decided to suspend the issuance of ...

Egypt, South Africa, Kenya, Mozambique, Eswatini and Lesotho will probably reduce their interest rates. Central banks in key ...

Central banks in key African economies are getting set to line up with other emerging-markets in coming weeks and cut interest rates where inflation pressures are seen abating, or stay on guard where ...

The National Bank of Egypt (NBE) and Banque Misr announced interest rate cuts of 1% on their Egyptian pound-denominated ...