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.

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.

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

Egyptian President Abdel Fattah El-Sisi has renewed Hassan Abdalla’s appointment as Acting Governor of the Central Bank of Egypt (CBE) for another year.

The Central Bank of Egypt (CBE) has instructed banks operating in the Egyptian market to submit comprehensive financial literacy action plans for 2027 during the fourth quarter (Q4) of 2026.

The Central Bank of Egypt’s (CBE) Monetary Policy Committee (MPC) is expected to keep interest rates unchanged at its August 20 meeting as renewed inflationary pressures offset the resilience of the country’s external position.

The annual core consumer price index (CPI) inflation recorded 14.7% in July 2026 compared to 14.3% in June 2025, according to the Central Bank of Egypt’s (CBE) data.

Egypt’s financial inclusion rate reached 79% at the end of June 2026, with 56.4 million people holding active accounts that allow them to conduct financial transactions.

Egypt’s net international reserves (NIR) rose to a record $56.29 billion at the end of July 2026, exceeding $56 billion for the first time.

Net foreign assets (NFAs) of Egypt’s banking sector hit EGP 1.1378 trillion at the end of June 2026, an annual climb from EGP 741.834 billion.

The Central Bank of Egypt (CBE), in cooperation with the Association of African Central Banks (AACB), has launched the African Financial Stability Committee (AFSC) website to strengthen institutional cooperation among African central banks and expand the exchange of knowledge and expertise on financial stability across the continent.

U Consumer Finance (Valu) has launched the first issuance under its EGP 1 billion bond program, comprising two tranches with maturities of 13 months and 36 months

The Central Bank of Egypt (CBE) is issuing treasury bills (T-bills) on Thursday, July 30, at a combined value of EGP 115 billon

Central Bank of Egypt (CBE) Governor Hassan Abdalla received the Governor of the Central Bank of Eswatini, Phil Mnisi, to discuss expanding cooperation between the two central banks and exchanging expertise across several banking sectors.

The Central Bank of Egypt (CBE) has offered EGP 150 billion in treasury notes (T-Notes) for the first time on behalf of the Ministry of Finance, introducing a 63-day government debt instrument with a variable return.

The Central Bank of Egypt (CBE) is offering EGP 105 billion in treasury bills on Sunday, July 19th, in coordination with the Ministry of Finance, as part of the government’s efforts to finance the state budget deficit.

The Central Bank of Egypt (CBE) said all banks operating in the country will be closed on Thursday, July 23rd, to mark the anniversary of the 23 July Revolution.

Barclays expects the Central Bank of Egypt (CBE) to keep interest rates unchanged through the end of 2026, despite June's sharper-than-expected slowdown in inflation

Egypt’s overall balance of payments (BoP) deficit recorded $1.8 billion in the first nine months of fiscal year (FY) 2025/2026, compared to $1.9 billion during the same period in the previous FY, according to a report issued by the Central Bank of Egypt (CBE).

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to hold interest rates steady for the third consecutive time on Thursday, July 9th.