{"id":704496,"date":"2026-05-21T00:00:00","date_gmt":"2026-05-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=704496"},"modified":"2026-05-21T02:57:09","modified_gmt":"2026-05-21T02:57:09","slug":"cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/","title":{"rendered":"CBE expected to hold interest rates today for second consecutive meeting"},"content":{"rendered":"

Good morning, friends. <\/strong>It\u2019s interest rate day, and the consensus we polled is a hold at 19% on deposits and 20% on lending for the second time running.<\/p>\n

We dive into a recent court success for the ERC board. <\/strong>The State Council's Administrative Court suspended GAFI\u2019s order to convene a general meeting and elect a new board at Egyptian Resorts Company \u2014 the Sahl Hasheesh developer. GAFI's Grievance Committee meets today to figure out where this leaves things and we'll be watching.<\/p>\n

ALSO \u2013 International lenders are circling the USD 3 bn EgyptAlum-Alba alumina refinery<\/strong>, Managing Director Mahmoud Agour tells us. More on this and more stories in the news well below.<\/p>\n

***<\/strong><\/p>\n

WISH THIS MORNING\u2019S ISSUE was a podcast? We\u2019ve got you. Tap or click here<\/a><\/strong> to listen to Morning Drive, a 10-minute version of today\u2019s issue crafted for you to enjoy with your morning coffee, while getting the kids ready for school, or while stomping around the house wondering where the [redacted] you left your [redacted] reading glasses.<\/strong><\/p>\n

***<\/strong><\/p>\n

\n

Happening today <\/p>\n

<\/a> It\u2019s interest rate day:<\/strong> The Central Bank of Egypt (CBE) is expected to keep interest rates on hold, at 19% for deposits and 20% for lending, for the second consecutive time when its Monetary Policy Committee meets today. Financial analysts we spoke to for our regular interest rate poll<\/a> say the CBE is likely to maintain its \u201cwait-and-see\u201d approach to keep inflation expectations anchored amid elevated global energy prices and geopolitical uncertainty. <\/p>\n

Veteran banking expert and former Banque Misr Deputy Chair Sahar El Damaty also anticipates a hold scenario<\/strong>, citing the current geopolitical conditions. \u201cAlthough inflation is hovering around 14.9%, we are still facing imported inflationary pressures stemming from rising oil and natural gas prices, alongside higher shipping and ins. costs, all of which are naturally feeding into the prices of most goods,\u201d El Damaty tells EnterpriseAM.<\/p>\n

\n

Still drilling down the debt<\/p>\n

<\/a> The <\/strong>Oil Ministry<\/strong> continues to pay off arrears owed to international oil c<\/strong>ompanies,<\/strong> bringing the dues down to USD 440 mn from USD 714 mn at the end of April<\/a> and from USD 6.1 bn at its peak in June 2024, Oil Minister Karim Badawi said<\/a>. The government intends to fully settle the bill owed by the end of June<\/a>.<\/p>\n

The strategy:<\/strong> The government wants to revive upstream activity and stabilize declining domestic output. To secure its target of USD 6.2 bn in FDI<\/a> for the oil sector next fiscal year, the government is moving on multiple fronts such as clearing arrears owed to foreign energy firms, rolling out risk-adjusted<\/a> upstream terms, and attracting significant FDI commitments<\/a> \u2014 including a USD 19 bn pledge from global energy majors over the next three years.<\/p>\n

We need every barrel<\/strong>.<\/strong> With oil output currently at 560k bbl \/ d versus a target of roughly 626k bbl \/ d by the end of next FY, and with gas output under 4 bcf\/d with a push to add 1 bcf\/d<\/a> by year-end \u2014 part of a larger target to reach 6.2 bcf\/d by 2027 \u2014 the math only works if international oil companies are willing to drill.<\/p>\n

\n

Another listed SPAC<\/p>\n

<\/a> Blank-check company <\/strong>OG <\/strong>Capital For Investments has formally landed on <\/strong>the EGX<\/strong>, after securing approval for a temporary main-market listing, according to a bourse statement<\/a>. This makes it the second special purpose acquisition company (SPAC) to make it onto the exchange after Catalyst Partners Middle East (CPME). While OG Capital listed with an Issued capital of EGP 10 mn under the non-banking financial sector, the ticker hasn\u2019t gone live, and its shares aren\u2019t trading yet.<\/p>\n

We still don\u2019t know who actually sits behind the SPAC<\/strong>, which is unusual for a vehicle whose credibility rests on the people backing it. Investors in a blank-check company are typically underwriting the sponsors before there\u2019s an operating business or visible acquisition in the pipeline. Check out our explainer<\/a> for more on how SPACs work.<\/p>\n

The clock starts now: <\/strong>OG Capital has three months from listing to raise its capital from EGP 10 mn to at least EGP 100 mn through a private placement to qualified investors and financial institutions, and six months from listing to gain shareholder approval for an acquisition target. The full acquisition must close within two years of listing, subject to FRA extension. Once those gates are cleared, the SPAC can move toward unfreezing the ticker for retail trading.<\/p>\n

REMEMBER- These things take time. <\/strong>CPME first expressed interest in going public back in 2022<\/a>. It was temporarily listed in November 2024<\/a> but only hit the EGX trading floor a little over a year later<\/a>. Its shares closed up 20% to EGP 12 apiece on debut, some three months after it completed its twin acquisition of Qardy and Catalyst Partners<\/a>.<\/p>\n

\n

Mapping out the Alex Metro expansion<\/p>\n

The National <\/strong>Authority for Tunnels has signed a EUR 1.4 mn contract <\/strong>with French consulting firm <\/strong>Systra<\/a><\/strong> to conduct studies for the second phase of the Abu Qir Metro<\/strong>, a senior government official tells EnterpriseAM. The firm aims to complete the required studies by July, paving the way for a construction tender to be floated and work to begin. The Transport Ministry said last month it had begun formal procedures for the phase, following breaking ground on the first phase of the project in February<\/a>.<\/p>\n

\n

White Knights triumph<\/p>\n

Zamalek <\/strong>c<\/a><\/strong>linched<\/a><\/strong> their 15th <\/strong>Egyptian <\/strong>Premier League crown after besting <\/strong>Ceramica Cleopatra in last night\u2019s showdown<\/strong>, scoring 1-0 after a goal by Oday Dabbagh in the match\u2019s first 10 minutes. This victory follows the team\u2019s loss<\/a> of the African Confederation Cup final earlier this month to Algeria\u2019s USM Alger.<\/p>\n

\n

PSA<\/p>\n

The cabinet has extended its mandatory work-from-home policy through to the <\/strong>end of June<\/strong>, according to a statement<\/a>. This is the second consecutive<\/a> renewal of the measure, which applies to both public and private-sector employees and eases pressure on the national grid during peak summer consumption.<\/p>\n

WEATHER- <\/strong>It\u2019s another breezy day in Cairo today, with a high of 29\u00b0C and a low of 18\u00b0C, according to our favorite weather app.<\/p>\n

It\u2019s several degrees cooler in Alexandria<\/strong>, with a high of 24\u00b0C and a low of 17\u00b0C.<\/p>\n

And over the weekend<\/strong>, expect to see slightly warmer weather, with a high of 31\u00b0C in the capital and a high of 24\u00b0C for our friends on the Mediterranean.<\/p>\n

\n

The big story abroad<\/p>\n

We\u2019re inc<\/strong>hing closer to what will be the largest IPO ever <\/strong>after SpaceX filed publicly<\/a> late last night. Now the world is sitting tight in anticipation of the rocket maker\u2019s imminent Nasdaq debut. We dive into the full story and what it means for the Gulf in this morning\u2019s Planet Finance, below.<\/p>\n

The return of monetary tightening? <\/strong>The latest meeting minutes<\/a> from the Federal Reserve indicate the central bank\u2019s willingness to raise interest rates if inflation maintains its growth trajectory above 2%. Prior to this development, CME Group data showed<\/a> interest rate futures markets pricing in a nearly 50% chance of at least one quarter point rate hike in 2026.<\/p>\n

Meanwhile, in the tech world: <\/strong>Nvidia announced<\/a> USD 80 bn in stock buybacks and an increase in its dividend payout yesterday, after 1Q sales grew 85% y-o-y to USD 81.6 bn, surpassing expectations.<\/p>\n

More on the Warner Bros. buyout: <\/strong>To finance Paramount\u2019s takeover of Warner Bros. Discovery, Bank of America and Citigroup are gauging investor appetite<\/a> for a massive debt package. Early talks indicate a mix of around USD 30 bn in high-grade bonds, USD 12 bn in junk bonds, and USD 7.5 bn in loans.<\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning, friends. It\u2019s interest rate day, and the consensus we polled is a hold at 19% on deposits and 20% on lending for the second time running. We dive into a recent court success for the ERC board. The State Council's Administrative Court suspended GAFI\u2019s order to convene a general meeting and elect a […]<\/p>\n","protected":false},"author":1,"featured_media":704497,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12573],"tags":[68,72,119,7111,724,91,371,7101,439,207,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-704496","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today-10","tag-egx","tag-enterpriseam","tag-financial-markets","tag-infrastructure","tag-monetary-policy","tag-oil-and-gas","tag-oil-ministry","tag-railways","tag-spacs","tag-transport","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"cfed7516-32ed-408d-8085-8e84a05e1443","order":"2","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/10\/828.jpg","photo_position":"above","homepage_title":"","full_issue_title":"CBE expected to leave interest rates unchanged today","related_issue":[704494],"teaser":""},"yoast_head":"\nCBE expected to hold interest rates today for second consecutive meeting - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBE expected to hold interest rates today for second consecutive meeting\" \/>\n<meta property=\"og:description\" content=\"Good morning, friends. It\u2019s interest rate day, and the consensus we polled is a hold at 19% on deposits and 20% on lending for the second time running. We dive into a recent court success for the ERC board. The State Council's Administrative Court suspended GAFI\u2019s order to convene a general meeting and elect a […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-21T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-21T02:57:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/828.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"CBE expected to hold interest rates today for second consecutive meeting\",\"datePublished\":\"2026-05-21T00:00:00+00:00\",\"dateModified\":\"2026-05-21T02:57:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/\"},\"wordCount\":1245,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/828.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EGX\",\"EnterpriseAM\",\"Financial Markets\",\"infrastructure\",\"monetary policy\",\"oil and gas\",\"Oil Ministry\",\"railways\",\"SPACs\",\"transport\",\"What We're Tracking Today\"],\"articleSection\":[\"WHAT WE\u2019RE TRACKING TODAY\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/\",\"name\":\"CBE expected to hold interest rates today for second consecutive meeting - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/828.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2026-05-21T00:00:00+00:00\",\"dateModified\":\"2026-05-21T02:57:09+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/828.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/828.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CBE expected to hold interest rates today for second consecutive meeting\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"CBE expected to hold interest rates today for second consecutive meeting - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/","og_locale":"en_US","og_type":"article","og_title":"CBE expected to hold interest rates today for second consecutive meeting","og_description":"Good morning, friends. It\u2019s interest rate day, and the consensus we polled is a hold at 19% on deposits and 20% on lending for the second time running. We dive into a recent court success for the ERC board. The State Council's Administrative Court suspended GAFI\u2019s order to convene a general meeting and elect a […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2026-05-21T00:00:00+00:00","article_modified_time":"2026-05-21T02:57:09+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/828.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"CBE expected to hold interest rates today for second consecutive meeting","datePublished":"2026-05-21T00:00:00+00:00","dateModified":"2026-05-21T02:57:09+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/"},"wordCount":1245,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/828.jpg?fit=%2C&ssl=1","keywords":["EGX","EnterpriseAM","Financial Markets","infrastructure","monetary policy","oil and gas","Oil Ministry","railways","SPACs","transport","What We're Tracking Today"],"articleSection":["WHAT WE\u2019RE TRACKING TODAY"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/","url":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/","name":"CBE expected to hold interest rates today for second consecutive meeting - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/828.jpg?fit=%2C&ssl=1","datePublished":"2026-05-21T00:00:00+00:00","dateModified":"2026-05-21T02:57:09+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/828.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/828.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2026\/05\/21\/cbe-expected-to-hold-interest-rates-today-for-second-consecutive-meeting\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"CBE expected to hold interest rates today for second consecutive meeting"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/828.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/828.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2024\/10\/828.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":627392,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/31\/madbouly-reshuffles-gafis-board-of-directors\/","url_meta":{"origin":704496,"position":0},"title":"Madbouly reshuffles GAFI\u2019s board of directors","author":"enterpriseam admin","date":"31 July 2018","format":false,"excerpt":"MOVES- Madbouly reshuffles GAFI\u2019s board of directors: Prime Minister Mostafa Madbouly appointed Gen. Khaled Mohamed Ibrahim and international law professor Mohamed Sameh Amr as new members of the board of directors of the General Authority for Freezones and Investments\u2019 (GAFI), according to a Cabinet statement. Banque Misr head Mohamed El\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":584772,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/04\/05\/gafi-has-two-new-deputy-heads\/","url_meta":{"origin":704496,"position":1},"title":"GAFI has two new deputy heads","author":"enterpriseam admin","date":"5 April 2023","format":false,"excerpt":"Tamer El Batanouni is deputy head for legal affairs and Amr Noureldin is deputy for technical affairs","rel":"","context":"In "Moves"","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/4\/188.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":625311,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/01\/madbouly-appoints-mohsen-adel-helmy-as-gafis-ceo\/","url_meta":{"origin":704496,"position":2},"title":"Madbouly appoints Mohsen Adel Helmy as GAFI\u2019s CEO","author":"enterpriseam admin","date":"1 August 2018","format":false,"excerpt":"MOVES- Madbouly appoints Mohsen Adel Helmy as GAFI\u2019s CEO: Prime Minister Mostafa Madbouly has appointed Mohsen Adel Helmy as CEO of the General Authority for Freezones and Investments, succeeding Mona Zobaa, according to a Cabinet statement. Helmy was most recently vice chairman of the EGX, according to an Investment Ministry\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":582613,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/13\/gafi-has-three-new-deputies\/","url_meta":{"origin":704496,"position":3},"title":"GAFi has three new deputies","author":"enterpriseam admin","date":"13 March 2023","format":false,"excerpt":"Three new appointments to GAFI: Prime Minister Moustafa Madbouly has appointed three deputies to the CEO of the General Authority for Investment and Freezones (GAFI), Hossam Haiba (LinkedIn), according to a cabinet statement. Ahmed Shireen Korayem (LinkedIn) takes the position of deputy for investment promotion. Korayem has held positions as\u2026","rel":"","context":"In "Moves"","block_context":{"text":"Moves","link":"https:\/\/enterpriseam.com\/egypt\/category\/newsmakers\/moves\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/GAFI-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597548,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/mohamed-abdel-wahab-tapped-as-new-head-of-egypts-gafi\/","url_meta":{"origin":704496,"position":4},"title":"Mohamed Abdel Wahab tapped as new head of Egypt\u2019s GAFI","author":"enterpriseam admin","date":"30 July 2019","format":false,"excerpt":"MOVES- Prime Minister Moustafa Madbouly has tapped co-head of the General Authority for Investment (GAFI) and former Investment Ministry consultant Mohamed Ahmed Abdel Wahab as GAFI\u2019s new chief executive, according to a ministry statement. Abdel Wahab succeeds Mohsen Adel, who completed on Sunday his one-year stint at the helm of\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594661,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/03\/investors-reach-out-to-gafis-dispute-committee-over-south-sinai-beach-fees\/","url_meta":{"origin":704496,"position":5},"title":"Investors reach out to GAFI\u2019s dispute committee over South Sinai beach fees","author":"enterpriseam admin","date":"3 September 2019","format":false,"excerpt":"A number of investors have reached out to the General Authority for Investment\u2019s (GAFI) dispute resolution committee over the issue of recently imposed fees on the use of beaches in South Sinai, Egyptian Tourism Federation head Hossam El Shaer told Al Mal. The issue has been ongoing for the past\u2026","rel":"","context":"In "Tourism"","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/704496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=704496"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/704496\/revisions"}],"predecessor-version":[{"id":704539,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/704496\/revisions\/704539"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/704494"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/704497"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=704496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=704496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=704496"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=704496"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=704496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}