}

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CBE keeps key interest rates unchanged in 2nd consecutive meeting

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to keep its key policy rates unchanged on Thursday, May 21st

Updated 5/21/2026 9:43:00 PM
CBE announces six-day bank holiday for Eid El-Adha observance

The Central Bank of Egypt (CBE) announced suspension of operations at all banks operating in Egypt, starting Tuesday, May 26th, to Sunday, May 31st, on the occasion of Arafat Day observance and Eid El-Adha.

Updated 5/20/2026 12:37:00 AM
El-Sisi, CBE’s governor discuss economic policy to curb inflation, boost FX inflows

President Abdel Fattah El-Sisi met with Governor of the Central Bank of Egypt (CBE), Hassan Abdallah, and discussed ongoing efforts to reduce inflation, boost dollar inflows, and secure foreign currency reserves,

Updated 5/19/2026 1:47:00 PM
CIB plans to launch digital bank Yomo in Egypt in Q4 2026

Commercial International Bank Egypt (CIB) plans to launch its digital bank, Yomo, in Egypt during the fourth quarter (Q4) of 2026 as part of its strategy to expand digital banking services.

Updated 5/17/2026 10:02:00 AM
CBE, Afreximbank discuss preparations for AAM2026 in Alamein this June

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), and George Elombi, President and Chairman of African Export-Import Bank (Afreximbank), held a joint press briefing to address preparations for the 33rd Afreximbank Annual Meetings (AAM2026).

Updated 5/17/2026 9:49:00 AM
Egypt's FX reserves remain stable despite US-Iran conflict risks: Fitch Ratings

Egypt’s exchange-rate flexibility has alleviated the impact of moderate capital outflows on the country’s foreign exchange (FX) reserves, limiting the effects of the US-Iran war on the country’s ‘B’/stable sovereign rating, Fitch Ratings noted in its latest report.

Updated 5/17/2026 2:49:00 AM
CBE, COMESA commission sign MoU on regional competition protection

The Central Bank of Egypt (CBE) signed a memorandum of understanding (MoU) with the COMESA Competition and Consumer Commission (CCCC) to enhance cooperation in competition protection at the regional level.

Updated 5/12/2026 9:11:00 AM
CBE revises inflation outlook, downgrades GDP growth forecasts amid global pressures

Egypt’s annual headline inflation is projected to accelerate throughout the year before gradually moving downward by the second half of 2027, averaging 17% and 13% in 2026 and 2027, respectively, according to the latest Monetary Policy Report by the Central Bank of Egypt (CBE).

Updated 5/11/2026 7:07:00 AM
Interbank transactions via RTGS hit EGP 105.2T in 4 months: CBE

The value of interbank payments executed in EGP through the Real-Time Gross Settlement (RTGS) system reached EGP 105.239 trillion during the first four months of 2026.

Updated 5/10/2026 3:56:00 PM
CBE offers EGP 15B T-bonds on May 10th

The Central Bank of Egypt (CBE) offered fixed-rate treasury bonds (T-bonds) on Sunday, May 10th, with a total value of EGP 15 billion.

Updated 5/10/2026 11:22:00 AM
Egypt’s annual core inflation retreats to 13.8% in April: CBE

Egypt’s annual core consumer price index (CPI) inflation declined to 13.8% in April 2026, compared to 14% in March, according to the Central Bank of Egypt’s (CBE) data.

Updated 5/10/2026 7:21:00 AM
Egypt’s NIR up to $53B end-April: CBE

Egypt recorded net international reserves (NIR) of $53.009 billion at the end of April 2026, according to the Central Bank of Egypt’s (CBE) data.

Updated 5/6/2026 2:22:00 PM
Kuwait extends $2B deposit with CBE by one year

Kuwait has extended a $2 billion deposit with the Central Bank of Egypt (CBE) for an additional year, the CBE noted in the “External Position of Egyptian Economy” report.

Updated 5/3/2026 3:07:00 PM
Remittances from Egyptians abroad grow 28% YoY in 8 months

Remittances from Egyptians working abroad reached $29.4 billion during the first eight months of the current fiscal year (FY) 2025/2026, marking a 28% increase compared to $23.0 billion recorded during the same period a FY earlier.

Updated 4/30/2026 2:56:00 PM
CBE sets May 7th bank holiday for Labor Day

The Central Bank of Egypt (CBE) announced that all banks operating in Egypt will be closed on Thursday, May 7th, on the occasion of Labor Day.

Updated 4/28/2026 1:22:00 PM
CBE issues EGP 90B in T-bills to finance budget deficit

The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, is issuing treasury bills (T-bills) worth EGP 90 billion on Sunday, April 26th, 2026, to finance the state’s budget deficit.

Updated 4/26/2026 12:15:00 PM
Egypt’s financial inclusion rate reaches 77.6% in 2025: CBE

Egypt’s financial inclusion rate among citizens aged 15 and above reached 77.6% in December 2025, reflecting sustained growth in access to financial services, according to the Central Bank of Egypt's (CBE) latest financial inclusion and payment systems and services indicators.

Updated 4/23/2026 10:00:00 AM
CBE sells EGP 105B in T-bills to finance budget deficit

The Central Bank of Egypt (CBE) has offered treasury bills (T-bills) worth a total of EGP 105 billion, in coordination with the Ministry of Finance, as part of efforts to finance the state budget deficit.

Updated 4/16/2026 2:15:00 PM
CBE offers EGP 4B fixed-return sovereign sukuk

The Central Bank of Egypt (CBE) announced the offering of fixed-return sovereign sukuk denominated in Egyptian pounds, with a total value of EGP 4 billion.

Updated 4/16/2026 1:54:00 PM
Egypt’s annual core inflation hits 14% in March: CBE

Egypt’s annual core consumer price index (CPI) inflation recorded 14% in March 2026, compared to 12.7% in February.

Updated 4/14/2026 8:57:00 AM