The Central Bank of Egypt (CBE), in coordination with the Ministry of Finance, offered EGP 120 billion in treasury bills (T-bills) on Thursday, July 9th, 2026, to finance the state's general budget needs.

The week ended July 9th witnessed a group of viral economic and business news, topped by Egypt's net international reserves rising at the end of June and the International Monetary Fund (IMF) raising the country's GDP growth forecast for fiscal year 2026/2027.

Egypt's annual core consumer price index (CPI) inflation rose to 14.3% in June 2026, up from 13.8% in May.

Egyptians' remittances from abroad increased by 31.2% during the first 11 months of the elapsed fiscal year (FY) 2025/2026.

QNB Egypt delivered a robust financial performance in the first half (H1) of 2026, generating net profits of EGP 18.6 billion, up 23% year-on-year (YoY)

Egypt's net international reserves (NIR) increased to $55.072 billion at the end of June 2026, up 3.65% from $53.134 billion at the end of May.

Commercial International Bank Egypt (CIB) has raised the rate on its three-year premium certificates of deposit (CDs) by 50 basis points to an 18% annual return

The Central Bank of Egypt (CBE) issued treasury bills (T-bills) at an aggregate value of EGP 95 billion on Monday, July 6th, according to the CBE’s data.

HC Securities & Investment expects the Central Bank of Egypt (CBE) to leave key interest rates unchanged at its monetary policy meeting on July 9th.

Egypt will implement a second package of tax facilitation measures immediately after the legislation is officially issued, Minister of Finance Ahmed Kouchouk said in a statement.

QNB Egypt, a subsidiary of QNB Group, has inaugurated a new branch in Meneyet El Nasr city, Dakahlia Governorate, while developing Meneyet El Nasr Central Hospital

The Central Bank of Egypt (CBE) refuted reports circulating on social media and websites regarding the issuance of new 25-piastre, 50-piastre, and EGP 1 paper banknotes.

Misr Insurance Holding Company (MIHC) has approved the offering of a 20% stake in its subsidiary, Misr Life Insurance Company, through a listing on the Egyptian Exchange (EGX).

Goldman Sachs has estimated the fair value of the Egyptian pound at around EGP 43 per US dollar, expecting it to continue strengthening to EGP 46 per USD over the next 12 months.

The Central Bank of Egypt (CBE) and the Federation of Egyptian Banks hosted a high-level banking meeting with senior banking officials from Yemen to boost cooperation between the two banking sectors.

Egyptian digital investment and wealth management platform Thndr has launched 'Thndr Gold’ to buy, sell, and track 24-karat gold directly from the app

The fourth week of June celebrated major achievements in the Egyptian economic landscape, with key players, including Korra Energi, Scatec, and Valmore Holding, announcing projects in the energy sector.

The eighth edition of the Decision Makers conference, held at the Grand Egyptian Museum under the theme “Investment, Real Estate, and Tourism: Egypt’s Economic Growth Triangle 2026,” examined the impact of global economic and geopolitical developments on the investment landscape.

The board of Societe Arabe Internationale De Banque (SAIB) approved the detailed conditions of its EGP bonds issuance program at a maximum amount of EGP 20 billion to finance its activities.

Banque Misr has increased the annual return on its three-year fixed-rate Al Qema savings certificate to 17.75% for customers receiving monthly payouts, up from 17.25%, and introduced a new quarterly payout option offering an annual return of 17.85%, effective June 23rd, 2026.

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.