CBE’s net foreign assets climb to $10.5bn in July 2025
The Central Bank of Egypt (CBE) announced that its net foreign assets…
Egypt’s annual urban inflation slows to 13.9% in July: CBE
Annual urban headline inflation in Egypt eased for the second consecutive month,…
Al-Sisi extends Hassan Abdalla’s term as CBE acting governor
President Abdel Fattah Al-Sisi has issued a presidential decree extending the mandate…
HDB reports record EGP 8.93bn net profit in H1 2025, up 73.1%
Housing and Development Bank (HDB) recorded unprecedented growth across all business lines…
MSMEDA, Banque du Caire ink EGP 500m agreements to finance 5,300 micro-enterprises
The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) and Banque du…
Egypt’s annual urban inflation rate drops to 13.9% in July from 14.9% in June
Egypt’s annual urban inflation rate eased to 13.9% in July, down from…
Egypt to issue €600m Euro-denominated T-bills
The Central Bank of Egypt (CBE) will issue €600m in euro-denominated treasury…
AMF forecasts Egyptian economy to grow 4.7% in 2026
The Arab Monetary Fund (AMF) projects Egypt’s economy will grow by 4.2%…
Egypt’s bank deposit, lending rates fall as monetary easing takes hold
The Central Bank of Egypt (CBE) reported that deposit and lending rates…
Egypt’s net international reserves hit record $49.04bn in July: CBE
The Central Bank of Egypt (CBE) announced on Tuesday that the country’s…