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Credit Cards explained

The Daily News Egypt defines what credit cards are, analyses their presence in Egypt and interviews several experts on the matter.

Doaa Farid

Central Bank of Egypt cuts key interest rates

Reuters – Egypt’s central bank cut its key interest rates by 50 basis points in a surprise move at a monetary policy meeting on Thursday. At its last meeting on 31 October, the central bank kept its rates on hold in an effort to balance inflation pressures while the government attempts to stimulate the economy. It had …

Daily News Egypt

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