In 2025, the Egyptian economy was directed towards a contractionary monetary policy, where the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) reduced the key interest rates by 7%.
In 2025, the Egyptian economy was directed towards a contractionary monetary policy, where the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) reduced the key interest rates by 7%.
The USD traded at EGP 47.24 for buying and EGP 47.34 for selling at Banque Misr, the National Bank of Egypt (NBE), and the Commercial International Bank Egypt (CIB) on Thursday.
Madinet Masr For Housing and Development (MASR) has signed a memorandum of understanding (MoU) with Elswedy Electric (SWDY) and its subsidiary Elswedy Electric Infrastructure to carry out advanced infrastructure works at the Elan project within the Sarai development in East Cairo.
Maersk returned to the trans-Suez route for the MECL service, following improved stability in the Red Sea.