Egypt and global economy brief
Interest-rate hike threatens growth at non-bank finance companies
An RE brief based on a story published by Al Borsa on 11 November 2026.
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The Central Bank of Egypt raised key interest rates by 100 basis points, putting growth at non-bank finance companies under pressure.
The overnight deposit rate is now 20% and the lending rate 21%; it was the first increase since March 2024.