}

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CBE holds key interest rates steady for 5th consecutive MPC meeting

The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) kept its overnight deposit and lending rates at 19% and 20%, respectively, after assessing recent inflation trends, forecasts, and risks to the inflation outlook.

Updated 41m18h
Shalateen Mineral Resource's gold production exceeds 850 kg in first 9 months of 2026

Shalateen Mineral Resource Company increased its gold production by about 9.6% year on year in the first nine months of 2026, exceeding 850 kilograms, an official source told Al Arabiya Business.

Updated 9/23/2026 11:30:00 AM
Egypt’s remittances climb 28.1% YoY in January-July 2026

Remittances from Egyptians working abroad reached approximately $29.7 billion in the first seven months of 2026, as per data issued by the Central Bank of Egypt (CBE).

Updated 9/21/2026 2:11:00 PM
HC expects CBE to raise interest rates by 100 bps

HC Securities & Investment expects the Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) to raise interest rates by 100 basis points as inflationary pressures persist and major central banks adopt tighter monetary policies.

Updated 9/21/2026 9:21:00 AM
CBE auctions EGP 110B T-bills on September 17

The Central Bank of Egypt (CBE) auctioned treasury bills (T-bills) at a total value of EGP 110 billion over two issues on Thursday, September 17

Updated 9/17/2026 4:35:00 AM
CBE sells EGP 5B in 3-year T-bonds

The Central Bank of Egypt (CBE) sold EGP 5 billion worth of fixed-rate treasury bonds (T-bonds) with a three-year maturity period in Monday’s auction.

Updated 9/15/2026 9:11:00 AM
Egypt’s net foreign assets up to EGP 1.45T end-July 2026

Egypt’s net foreign assets (NFAs) jumped to EGP 1.454 trillion at the end of July 2026 from EGP 900.545 billion a year earlier, according to the Central Bank of Egypt (CBE) data.

Updated 9/13/2026 12:05:00 PM
Egypt's annual core inflation hits 14.9% in August: CBE

The annual core consumer price index (CPI) inflation recorded 14.9% last August compared to 14.7% in July 2026, according to data issued by the Central Bank of Egypt.

Updated 9/13/2026 11:43:00 AM
Egypt’s NIR hits record high as gold holdings jump $1.9B in August

Egypt’s gold reserves rose month-on-month (MoM) by $1.92 billion in August, helping push the country’s net international reserves (NIR) to a record high despite a decline in foreign currency holdings, according to data from the Central Bank of Egypt (CBE).

Updated 9/7/2026 1:56:00 PM
Egypt’s net international reserves rise to $57.21B in August

Egypt’s net international reserves (NIR) rose to $57.2145 billion at the end of August 2026, up from $56.29 billion at the end of July.

Updated 9/7/2026 11:58:00 AM
Banque Misr UAE branches maintain normal operations amid US Treasury proposal

The Central Bank of Egypt (CBE) and the Central Bank of the UAE (CBUAE) have reaffirmed their full coordination regarding the operations of Banque Misr’s branches in the UAE.

Updated 8/31/2026 5:45:00 AM
CBE auctions EGP 140B T-bills on August 30

The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at a combined value of EGP 140 billion over two auctions on Sunday, August 30, 2026

Updated 8/30/2026 1:56:00 PM
Egypt denies plans to transfer Suez Canal ownership to CBE for government debt settlement

The Egyptian Cabinet commented on a proposal by a public figure to transfer ownership of state-owned assets, including the Suez Canal, to the Central Bank of Egypt (CBE) in exchange for settling part of the government’s domestic debt.

Updated 8/30/2026 10:03:00 AM
CBE confirms US Treasury measures on Banque Misr limited to UAE branch

The Central Bank of Egypt (CBE) said that measures proposed by the US Treasury Department concerning Banque Misr’s operations in the UAE are limited to its Dubai branch and its USD transactions with correspondent banks

Updated 8/30/2026 12:09:00 AM
CBE approves eKYC eegulations for remote access to banking services

The Central Bank of Egypt (CBE) has approved regulations governing the electronic Know Your Customer (eKYC) digital financial identity system, allowing customers to open bank accounts and access banking products and services remotely.

Updated 8/23/2026 12:51:00 PM
CBE holds key interest rates steady at 5th MPC meeting of 2026

The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) kept its key interest rates unchanged at its fifth meeting of 2026, citing inflation developments and continued uncertainty surrounding the global economic outlook.

Updated 8/20/2026 8:22:00 PM
Egypt’s remittances hit record $47.3B in FY2025/26: CBE

Remittances from Egyptians working abroad rose 29.6% year on year (YoY) to a record $47.3 billion in fiscal year (FY) 2025/2026.

Updated 8/20/2026 3:27:00 PM
CIB secures preliminary CBE approval to establish yomo digital bank

Commercial International Bank (CIB) has received preliminary approval from the Central Bank of Egypt (CBE) to establish yomo, a digital bank backed by a $300 million investment.

Updated 8/20/2026 9:29:00 AM
CBE expects inflation to ease toward target in H2 2027 amid geopolitical risks

The Central Bank of Egypt (CBE) expected Egypt’s headline inflation to accelerate temporarily through the third quarter (Q3) of 2026 before gradually easing toward its target range in the second half (H2) of 2027, according to the Q2 2026 Monetary Policy report.

Updated 8/19/2026 2:31:00 PM
Banks shut on August 27 for Prophet Muhammad’s birthday: CBE

All banks in Egypt will be off on Thursday, August 27, on the occasion of Prophet Muhammad’s Birthday holiday.

Updated 8/19/2026 12:08:00 PM