Day: December 23, 2023

Egyptian Minister of International Cooperation & Governor of Egypt at the World Bank Group, Rania al-Mashat, met on Friday with the Vice President of the International Finance Corporation (IFC) for Africa Sergio Pimenta, who is currently visiting Egypt. The meeting followed up on the joint cooperation portfolio with the IFC,…

The Central Bank of Egypt on Thursday moved to fix the base interest rate at its eighth and final meeting during 2023, according to a statement from the Monetary Policy Committee Accordingly, the deposit rate will be maintained at 19.25 percent with lending at 20.25 percent, while deposit and discount…