The Central Bank of Egypt (CBE) announced a 1% cut in its key interest rates last Thursday, marking a significant step towards easing monetary conditions and supporting economic activity amid signs of moderating inflation. The decision was widely welcomed by lawmakers, business leaders and industry experts, who described it as a timely move to stimulate […] The post CBE’s 1% rate cut eases financing costs, boosts industry, market confidence first appeared on Dailynewsegypt .