Banks in Egypt will be closed on Thursday, October 8, in celebration of Armed Forces Day and the anniversary of the 6th of October War victory, the Central Bank of Egypt (CBE) announced.

The net foreign assets (NFAs) of Egypt’s banking sector hit $31.2 billion in August 2026, marking the highest level recorded since January 2020, according to the Central Bank of Egypt (CBE) data.

Egypt’s Instant Payment Network (IPN) registered 1.47 billion transactions valued at EGP 4.33 trillion by the end of the second quarter (Q2) of 2026, said Hassan Abdalla, Governor of the Central Bank of Egypt (CBE).

The Central Bank of the United Arab Emirates (CBUAE) and the Central Bank of Egypt (CBE) have renewed their currency swap agreement worth AED 5 billion, equivalent to EGP 69 billion, for five years, according to a statement.

Prime Minister Mostafa Madbouly met with Central Bank of Egypt (CBE) Governor Hassan Abdalla to review key economic issues and measures to strengthen financial and monetary stability

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.

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.

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).

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.

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

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.

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.

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.

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).

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.

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.

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

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.

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

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.