Day: October 4, 2025

Economist Sherif Awad explained on Friday that the Central Bank‘s one percent interest rate cut will have a positive impact on the banking sector. During his remarks on the “Numbers and Markets” program on Azhari TV, Awad explained that banks will be able to expand their customer base, both individuals…

CAIRO, Oct 2 (MENA) – The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided Thursday to cut the overnight deposit rate, the overnight lending rate, and the main operation rate by 100 basis points to 21.00 percent, 22.00 percent, and 21.50 percent, respectively. The discount rate…