Egypt’s banking sector net foreign assets rise to $22.9bn in April 2026
The Central Bank of Egypt (CBE) announced that net foreign assets (NFAs)…
CBE expects inflation to accelerate through Q3 2026 before gradual decline towards target
The Central Bank of Egypt (CBE) expects annual headline inflation to accelerate…
Banks, companies offer EGP 73.09bn under ‘Affordable Housing Initiative’ until August
Banks and mortgage companies participating in the Affordable Housing Initiative have provided…
CBE attributes April inflation slowdown to easing non-food pressures
Annual urban headline inflation slowed to 14.9% in April 2026, down from…
Egypt-France trade exchange edges up to $2.96bn in 2025: CAPMAS
The value of trade exchange between Egypt and France increased to $2.96bn…
Egypt’s external debt rises to $163.7bn in September 2025 despite improved indicators: CBE
Egypt’s external debt rose to $163.7bn in September 2025, an increase of…
Egypt repays $6.4bn in external debt service in Q1 2025/26: CBE
The Central Bank of Egypt (CBE) said the government repaid $6.442bn in…
Banks channel EGP 77.2bn into small, micro enterprises under ‘Decent Life’ initiative by end-2025
The Central Bank of Egypt (CBE) said banks have channelled EGP 77.2bn…
IBAG unveils new identity as ‘Rimmit’, launches strategy and money transfer app
IBAG, a leading international money transfer company, has announced the launch of…
Bank financing for MSMEs surges 390% over decade; mobile wallet transactions near EGP 4trn: CBE
The Central Bank of Egypt (CBE) has reported robust growth in banks’…