Egypt and Kuwait Central Banks Hold Interest Rates Steady

The Monetary Policy Committee of the Central Bank of Egypt met on Thursday to decide on the nation’s key policy rates, a decision closely watched by investors and financial institutions. Analysts expected the bank to either keep rates unchanged or make a modest adjustment, with the outcome set to influence financing costs, savings returns, and broader investment activity.

In Kuwait, economist Dr. Ashraf Gharab forecast that the Central Bank of Kuwait will likely maintain its deposit rate at 19% and its lending rate at 20% in the forthcoming meeting. He cited a continued decline in annual inflation, improving macro‑economic indicators, and limited inflationary pressure from recent wage increases as reasons for the anticipated hold. Gharab added that any future rate cuts would hinge on regional stability and lower oil prices.