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September 5, 2024

CBE keeps key interest rates unchanged

The Central Bank of Egypt’s Monetary Policy Committee (MPC) decided Thursday 5/9/2024 to keep key interest rates unchanged. The decision leaves the overnight deposit, overnight lending, and main operation rates at 27.25%, 28.25% and 27.75% respectivel…

Head of SCEZone meets BEFAR (Binhua) group

During a promotional tour in China, Mr. Walid Gamaleldin, Chairman of the General Authority for the Suez Canal Economic Zone, met with Mr. Yu Jiang, President of BEFAR Group. The purpose of the meeting was to discuss the establishment of integrated pr…

PM participates in FOCAC summit opening session

Prime Minister Dr. Moustafa Madbouly participated in the opening session of the Forum on China-Africa Cooperation (FOCAC) summit in Beijing. The session was chaired by President Xi Jinping of China and attended by President Senegal and representatives…