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.
Moroccan authorities stopped dozens of migrants from breaching the Spanish enclave of Ceuta on Sunday after a mass migration attempt
According to Arab media reports, Egypt is preparing to host a Houthi delegation to reduce tensions in the Red Sea,
According to the Norwegian Refugee Council (NRC) recent floods in northeast Nigeria have displaced at least 50,000 people from
According to reports by Bloomberg News Egypt and Turkey are pressing Libya's two competing governments to reach a
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