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Egypt’s annual core inflation hits 12.7% in February: CBE

Egypt's annual core consumer price index (CPI) inflation hit 12.7% in February 2026, compared to 11.2% in January, according to the Central Bank of Egypt’s (CBE) data.

Updated 4m16h
Madbouly declares social support measures, spending curbs amid regional tensions

Prime Minister Mostafa Madbouly announced a package of social and economic measures to stabilize Egypt's economy and the interests of its citizens amid escalating tension in the region, according to a statement.

Updated 3/10/2026 11:07:00 AM
CBE auctions EGP 35B in T-Bonds on March 9th

The Central Bank of Egypt (CBE) issued treasury bonds (T-bonds) at an aggregated value of EGP 35 billion on March 9th, according to the CBE’s data.

Updated 3/9/2026 11:36:00 AM
Weekly Rundown of Top 10 Trending Headlines

The first week of March brought further reassurances for Egypt’s economy, as officials confirmed the uninterrupted flow of navigation through the Suez Canal despite regional tensions and stressed that any potential closure of the Strait of Hormuz would not threaten the country’s energy supplies.

Updated 3/5/2026 11:15:00 AM
EGP Under Pressure: Egypt’s Economy Amid Middle East Escalation

Egypt is once again dealing with the economic fallout from the unrest in the Middle East as regional conflict intensified in late February 2026. Fears of instability across the Middle East have been rekindled by escalating tensions between the US and Iran, punctuated by recent military strikes involving both Washington and Tel Aviv.

Updated 3/5/2026 10:49:00 AM
Egypt’s NIR reaches $52.745B end-February: CBE

Egypt's net international reserves (NIR) jumped to $52.745 billion at the end of February 2026

Updated 3/4/2026 1:21:00 PM
Egypt to adopt flexible exchange rate amid regional tensions: Madbouly

The Egyptian government has decided to adopt a flexible exchange rate system as part of its economic reform agenda, ensuring the currency’s value reflects market supply and demand.

Updated 3/4/2026 9:14:00 AM
Madbouly, World Bank President discuss Egypt’s economic reform agenda

Prime Minister Mostafa Madbouly met with the World Bank Group’s President Ajay Banga to discuss Egypt’s economic and structural reform.

Updated 3/3/2026 12:43:00 PM
Top 10 Trending News of February’s Last Week

The last week of February ended with a handful of key new pieces, with Fitch Solutions expecting Egypt’s natural gas production to rebound in 2026 and the International Monetary Fund (IMF) completing its review of the combined fifth and sixth reviews of Egypt’s economic reform program under the EFF program.

Updated 2/26/2026 10:58:00 AM
CIB gets CBE's nod to begin due diligence on HSBC’s retail banking portfolio

The Commercial International Bank Egypt (CIB) has received clearance from the Central Bank of Egypt (CBE) to start due diligence on HSBC’s retail banking portfolio.

Updated 2/24/2026 11:05:00 AM
Remittances to Egypt hit all-time high of $41.5B in 2025

Remittances from Egyptians working abroad surged to a record high in 2025, rising by 40.5% year on year (YoY) to approximately $41.5 billion from about $29.6 billion in 2024.

Updated 2/23/2026 1:38:00 PM
Tahoun Firm: Strategic Legal Advisory for Cross-Border Capital in Egypt

Arab Finance Interview Nermine Tahoun, Founder and Managing Partner of Tahoun Law Firm

Updated 2/23/2026 11:32:00 AM
CBE expects GDP growth to accelerate to 5.1% in FY 2025/26

The Central Bank of Egypt (CBE) expects real gross domestic product (GDP) growth to accelerate at a faster-than-previously estimated pace, with the economy forecast to expand by an average of 5.1% and 5.5% in fiscal years (FYs) 2025/2026 and 2026/2027, respectively, as per the Monetary Policy Report for Q4 2025.

Updated 2/23/2026 9:58:00 AM
Top 10 Viral Stories to Read This Weekend

The Egyptian economic landscape reported accelerated growth in key sectors during the third week of February, which also coincided with the beginning of the holy month of Ramadan.

Updated 2/19/2026 10:39:00 AM
CBE's NilePreneurs BDS hubs deliver 1.16M advisory services during 2020-2025

The Business Development Services (BDS) hubs, affiliated with the Central Bank of Egypt’s (CBE) NilePreneurs initiative, have provided more than 1.160 million non-financial and advisory services during the period from 2020 until 2025.

Updated 2/18/2026 1:15:00 PM
ُEGX hosts ceremony as CIB named Africa's 2025 Best Bank for Sustainable Finance

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), attended a ceremony hosted by the Egyptian Exchange (EGX) to honor the Commercial International Bank Egypt (CIB)

Updated 2/18/2026 9:24:00 AM
Egypt’s financial inclusion rate rises to 77.6% by end-2025: CBE

Egypt’s financial inclusion rate rose to 77.6% by the end of 2025, according to data from the Central Bank of Egypt (CBE).

Updated 2/18/2026 8:52:00 AM
FRA approves CIB proposal to raise capital to EGP 34.05B

The Financial Regulatory Authority (FRA) approved the Commercial International Bank Egypt’s (CIB) board’s decision to invite the ordinary general meeting (OGM) to review raising the bank's issued and paid-up capital from EGP 33.779 billion to EGP 34.051 billion.

Updated 2/16/2026 11:14:00 AM
QNB Egypt approves EGP 2/share cash dividend, plans EGP 50B bond program

QNB Egypt’s ordinary general meeting (OGM) approved the board's proposal of cash dividend distribution worth EGP 2 per share to the bank's shareholders.

Updated 2/16/2026 10:28:00 AM
CBE announces working hours for banks in Ramadan

The Central Bank of Egypt (CBE) announced working hours for the banking sector during Ramadan.

Updated 2/15/2026 2:34:00 PM
No More Fancy Leather Wallets

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.

Updated 11/28/2024 1:43:00 AM
Greenfield FDI is not necessarily green

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.

Updated 1/8/2024 10:17:00 AM
Devaluation, Depreciation, Flotation, and Correction are Not the Same

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.

Updated 11/13/2023 12:53:00 PM
The evolution of Egyptian digital banks

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.

Updated 7/17/2023 11:00:00 AM
What Now After Hiking Rates in Egypt?

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.

Updated 4/2/2023 12:37:00 PM