Egypt's central bank on Wednesday cancelled a March 28 meeting of its Monetary Policy Committee (MPC),saying an unscheduled rate hike two weeks ago was sufficient.
The interest rate rise was meant to accelerate the monetary tightening process and ensure a decline in underlying inflation, Egypt's central bank said on March 6.
Egypt's central bank deputy governor said interest rates will fall again, as the tightening cycle is temporary.
Egypt is in advanced negotiations with South Korea to buy up to 100 FA-50 light attack aircraft, Egyptian Ambassador to
The MASI index, representing all listed shares on a free-float capitalization basis, continued its robust performance in the first quarter
Tunisia's Central Bank reduced its key interest rate by 50 basis points to 7.5% on Friday, aiming
Diplomats in Libya have accused the Internal Security Agency (ISA) of forcing international NGOs to halt operations, AFP reported Wednesday.
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