The last week of February ended with a handful of key new pieces, with Fitch Solutions expecting Egypt’s natural gas production to rebound in 2026 and the International Monetary Fund (IMF) completing its review of the combined fifth and sixth reviews of Egypt’s economic reform program under the EFF program.

The Commercial International Bank Egypt (CIB) has received clearance from the Central Bank of Egypt (CBE) to start due diligence on HSBC’s retail banking portfolio.

Remittances from Egyptians working abroad surged to a record high in 2025, rising by 40.5% year on year (YoY) to approximately $41.5 billion from about $29.6 billion in 2024.

Arab Finance Interview Nermine Tahoun, Founder and Managing Partner of Tahoun Law Firm

The Central Bank of Egypt (CBE) expects real gross domestic product (GDP) growth to accelerate at a faster-than-previously estimated pace, with the economy forecast to expand by an average of 5.1% and 5.5% in fiscal years (FYs) 2025/2026 and 2026/2027, respectively, as per the Monetary Policy Report for Q4 2025.

The Egyptian economic landscape reported accelerated growth in key sectors during the third week of February, which also coincided with the beginning of the holy month of Ramadan.

The Business Development Services (BDS) hubs, affiliated with the Central Bank of Egypt’s (CBE) NilePreneurs initiative, have provided more than 1.160 million non-financial and advisory services during the period from 2020 until 2025.

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), attended a ceremony hosted by the Egyptian Exchange (EGX) to honor the Commercial International Bank Egypt (CIB)

Egypt’s financial inclusion rate rose to 77.6% by the end of 2025, according to data from the Central Bank of Egypt (CBE).

The Financial Regulatory Authority (FRA) approved the Commercial International Bank Egypt’s (CIB) board’s decision to invite the ordinary general meeting (OGM) to review raising the bank's issued and paid-up capital from EGP 33.779 billion to EGP 34.051 billion.

QNB Egypt’s ordinary general meeting (OGM) approved the board's proposal of cash dividend distribution worth EGP 2 per share to the bank's shareholders.

The Central Bank of Egypt (CBE) announced working hours for the banking sector during Ramadan.

The Central Bank of Egypt (CBE) said its net foreign assets rose to $15.013 billion, equivalent to EGP 705.083 billion, by the end of January 2026, up from $13.3 billion, or about EGP 634.856 billion, at the end of December 2025.

The Central Bank of Egypt (CBE) is offering treasury bills worth a total of EGP 70 billion on Sunday, February 15th, 2026.

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) has cut its key policy rates by 100 basis points (bps), based on its assessment of current inflation dynamics and the outlook since the previous meeting.

Egypt witnessed key development events in the second week of February, topped by the cabinet reshuffle under presidential decree No. 75 of 2026.

Al Baraka Bank Egypt posted a 33.22% year-on-year (YoY) increase in 2025 consolidated net profits attributable to shareholders, recording EGP 4.003 billion from EGP 3.005 billion

Egypt's annual core consumer price index (CPI) inflation recorded 11.2% in January 2026, compared to 11.8% last December.

The Egyptian pound was largely steady against the US dollar on Tuesday, according to market data.

Egypt’s external position is showing growing resilience, supported by rising foreign reserves, improving foreign asset balances, and easing risk premiums, according to a research note by HC Securities.

A Couple of days ago, I was doing my regular shopping at a well-known hypermarket, and the cashier complained that no one had change. I thought this might have something to do with high inflation rates. Currently, the purchasing power of a 200-Egyptian-pound banknote (EGP) is weak. I checked the Central Bank of Egypt (CBE) website and found that the EGP 200 note has the highest circulation among other banknotes.

Securing more hard currency is at the top of the Egyptian government’s economic agenda in 2024. The five major sources of hard currency are expected to remain the same for a while. These sources are merchandise exports, remittances of Egyptians working abroad, tourism revenues, foreign direct investment (FDI), and Suez Canal revenues. The government is willing to triple the inwards from these sources to reach $300 billion by 2023, according to the Egyptian Cabinet.

Exchange rate movements are the talk of the town. Everybody wants to be updated with the dollar price in the parallel market. Before the regular meeting of the Monetary Policy Committee (MPC), rumors started to spread widely about another devaluation of the Egyptian pound. However, people usually mix between four economic terminologies. Devaluation is not similar to depreciation and is different from flotation and correction.

With the rise of digital banks and neobanks in recent years, the banking sector has undergone tremendous upheaval. By giving customers more options and convenience than ever before, these new businesses are upending the conventional banking model.

The Central Bank of Egypt (CBE) did it! The Monetary Policy Committee (MPC) raised policy rates last Thursday night by 200 basis points (bps), mostly matching economists’ estimates. Investors will now start to wonder what is next.