العربية

Day: April 23, 2025

Egypt Slashes Benchmark Rates to Stimulate Investment

In a decisive policy shift, the Central Bank of Egypt slashed its benchmark interest rate by 225 basis points in April, marking the first rate cut in more than five years. The move brings the overnight deposit rate to 25 percent and the lending rate to 26 percent, ending a…

Communications Minister inaugurates Intelcia’s new regional HQ in Egypt

Minister of Communications and Information Technology Amr Talaat has inaugurated the new regional headquarters of Intelcia in Sheikh Zayed City, Giza. Intelcia, a global leader in outsourcing services, continues to expand its presence in Egypt, reaffirming the country’s position as a regional hub for business process outsourcing (BPO) and customer…