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Remittances from Egyptians abroad rise 42.8% YoY in 10 months

Remittances from Egyptians working abroad recorded a sharp increase during the first ten months of 2025, rising 42.8% year on year (YoY) to reach about $33.9 billion.

Updated 12/21/2025 12:38:00 PM
CBE, EBRD launch MasterTalks for banking sector development

The Central Bank of Egypt (CBE) and the European Bank for Reconstruction and Development (EBRD) are launching a series of masterclasses (MasterTalks), in cooperation with the Federation of Egyptian Banks (FEB).

Updated 12/16/2025 10:48:00 AM
Egypt’s annual core inflation hit 12.5% in November: CBE

Arab Finance: Egypt’s annual core consumer price index (CPI) inflation recorded 12.5% in November 2025, lower than 12.1% last October.

Updated 12/11/2025 5:04:00 AM
Egypt’s NIR exceeds $50.21B end-November: CBE

The net international reserves (NIR) of Egypt amounted to $50.216 billion at the end of November 2025.

Updated 12/11/2025 4:54:00 AM
Egypt’s external debt reaches $161.2B end-June: CBE

Egypt’s external debt increased to $161.2 billion at the end of the previous fiscal year (FY) 2024/2025, rising by about $8.3 billion, or 5.5%, compared with the end of FY 2023/2024, according to the Central Bank of Egypt’s (CBE) External Position of the Egyptian Economy 2024/2025 report.

Updated 12/7/2025 11:37:00 AM
Egypt’s foreign-currency deposits slip MoM to EGP 2.992T in October: CBE

Egypt's total deposits in foreign currencies declined to EGP 2.992 trillion at the end of October 2025, from EGP 3.047 trillion in September, according to data released by the Central Bank of Egypt (CBE).

Updated 12/2/2025 11:22:00 AM
Egypt’s local currency deposits rise to EGP 9.26T in October:CBE

Total non-governmental deposits in local currency at banks operating in Egypt increased to EGP 9.264 trillion by the end of October, up from EGP 9.157 trillion at the end of September, according to a report released by the Central Bank of Egypt.

Updated 12/2/2025 11:18:00 AM
CBE maintains key policy rates unchanged

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to maintain the interest rates unchanged, with the global economic growth showing signs of recovery

Updated 11/23/2025 7:37:00 AM
Egypt’s online, mobile banking transactions hit EGP 11.7T in 2024: CBE

Subscribers to online and mobile banking services in Egypt hit 18 million, implementing 114 million transactions at a total value of EGP 11.7 trillion at the end of 2024, Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), announced.

Updated 11/19/2025 10:38:00 AM
Remittances from Egyptians abroad leap to $30.2B in 9 months

Remittances from Egyptians working abroad jumped to $30.2 billion in the first nine months of 2025, according to the Central Bank of Egypt (CBE) data.

Updated 11/17/2025 2:20:00 PM
Egypt’s annual core inflation up to 12.1% in October: CBE

Egypt’s annual core consumer price index (CPI) inflation recorded 12.1% in October 2025, lower than 11.3% last September, according to the Central Bank of Egypt (CBE).

Updated 11/10/2025 3:49:00 AM
Egypt’s NIR exceeds $50B end-October: CBE

The net international reserves (NIR) of Egypt amounted to $50.071 billion at the end of October 2025.

Updated 11/9/2025 10:45:00 AM
Egypt's net foreign assets leap to EGP 996.1B end-September: CBE

The net foreign assets (NFAs) of Egypt’s banking sector hit EGP 996.148 billion at the end of September 2025, an annual leap from EGP 498.697 billion

Updated 11/4/2025 9:01:00 AM
CBE expects Egypt’s annual inflation to average 10.5% in 2026

Egypt’s annual headline inflation is expected to average 14% and 10.5% in 2025 and 2026, respectively, the Central Bank of Egypt (CBE) highlighted in its latest Monetary Policy Report.

Updated 11/2/2025 7:27:00 AM
Beltone Financial's shares halted on EGX as bourse awaits company statement

The Egyptian Exchange (EGX) halted trading on Beltone Financial Holding’s shares as of today's trading session, dated October 29th.

Updated 10/29/2025 10:53:00 AM
CBE, Foreign Affairs Ministry launch Open Your Account in Egypt initiative

The Central Bank of Egypt (CBE) and the Ministry of Foreign Affairs, Immigration, and Egyptian Expatriates Affairs have launched the "Open Your Account in Egypt" initiative, in collaboration with the National Bank of Egypt (NBE) and Banque Misr, to simplify the process of opening bank accounts for Egyptians living abroad.

Updated 10/27/2025 8:54:00 AM
Fitch Solutions’ BMI raises Egypt’s GDP FY2025/26 growth forecast

Fitch Solutions’ research arm BMI has revised Egypt’s gross domestic product (GDP) growth forecast for fiscal year (FY) 2025/2026 at 5%, up from 4.7% previously projected in August, according to Enterprise News, citing Ramona Moubarak, Head of MENA Country Risk at Fitch Solutions.

Updated 10/26/2025 10:35:00 AM
Remittances from Egyptians abroad rise 47.2% YoY in 8 months

Remittances from Egyptians working abroad surged by 47.2% during the first eight months of 2025, reaching approximately $26.6 billion.

Updated 10/23/2025 1:34:00 AM
CBE urges banks to comply with rules on capital deposit certificates

The Central Bank of Egypt (CBE) has reminded banks to strictly adhere to regulations governing the issuance of bank deposit certificates for companies being established or increasing their paid-up capital.

Updated 10/22/2025 9:53:00 AM
Industrial sector captures 61% of bank loans by March 2025: CBE

The Central Bank of Egypt (CBE) announced that the industrial sector remained the largest recipient of bank financing, accounting for around 61% of the total loan portfolio by the end of March 2025, according to the CBE's Financial Stability report.

Updated 10/19/2025 12:07:00 PM