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

Kenya and ASR sign deal to reduce risk on projects worth up to $2 billion. • Risk cover will target infrastructure, energy, logistics, and trade sectors. • Agreement aims to cut capital costs and ...

Zenith Bank is in advanced talks to acquire a tier-two bank in Kenya. The Central Bank of Kenya has raised capital requirements, triggering market consolidation. Zenith raised $228 million in early ...

The net foreign assets of the banking sector (the central bank and commercial banks) rose by about $1.2 billion to $14.7 billion in May 2025, compared to $13.6 billion in the previous month.This ...

The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...

The Central Bank of Egypt is likely to leave its main overnight interest rates unchanged on Thursday, pausing a trend of rate ...

Contact Creditech, the digital consumer finance arm of Contact Financial Holding, has entered into a strategic partnership ...

Egypt has one of the most indebted economies in emerging markets, spending about half its revenue on interest payments alone, and is the International Monetary Fund’s second-biggest borrower after ...

LONDON (Reuters) -The Bank for International Settlements issued its starkest warning yet on the risks posed by stablecoins and urged countries to move rapidly towards the tokenisation of their ...

Arab Finance: The exchange rate of the US dollar to Egyptian pound declined during Monday’s mid-session, hitting EGP 50.63 for buying and EGP 50.67 for selling at the National Bank of Egypt (NBE) at 1 ...

The Central Bank of Egypt (CBE) announced Sunday that all banks will be closed on Thursday, 26 June, for the Hijri New Year and on 3 July for the 30 June Revolution anniversary. File Photo: CBE. AFP ...

Weather Alert Severe Thunderstorm Watch from MON 1:50 PM MDT until MON 9:00 PM MDT Russian government, central bank spar over economic downturn AFP AFP Jun 20, 2025 Updated Jun 21, 2025 Comments ...