Egypt unveils plan to borrow EGP 2.524trn from domestic market in Q2 FY 2025/2026
The Egyptian government has released full details of its plan to borrow EGP 2.524trn from the domestic market during the second quarter Q2 of fiscal year (FY) 2025/2026, as part of efforts to repay maturing debt instruments and finance the
CBE receives $1.68bn in bids for USD-denominated T-bills
The Central Bank of Egypt (CBE) received 28 bids totalling $1.677bn for its latest auction of US dollar-denominated treasury bills (T-bills). The CBE had offered $1.5bn in the 363-day bills, scheduled to mature on 10 November 2026. According to data
Egypt’s annual urban inflation rises to 12.5% in October, driven by higher fuel prices
Egypt’s annual urban inflation rate rose to 12.5% in October 2025, up from 11.7% in September, according to the Central Agency for Public Mobilization and Statistics (CAPMAS). The increase was largely driven by higher fuel prices, following the government’s decision
Egypt’s net international reserves surpass $50bn for first time in October: CBE
The Central Bank of Egypt (CBE) announced that the country’s net international reserves exceeded the $50 billion mark for the first time in history, reaching $50.071bn in October 2025, up from $49.534bn in September — an increase of $537m. According
NFAs in Egypt’s banking sector rise by EGP 115.2bn during FY 2024/25
The Central Bank of Egypt (CBE) has revealed that net foreign assets (NFAs) within the banking system rose by the equivalent of EGP 115.2bn during the fiscal year (FY) 2024/2025, recording a growth rate of 18.4%. This increase resulted from
CIB reports record EGP 28.8bn net income for Q3 2025; nine-month profits surge 47% to EGP 62.1bn
Commercial International Bank (CIB) announced Tuesday a consolidated net income of EGP 28.8bn for the third quarter of 2025, bringing its nine-month net income to EGP 62.1bn, or EGP 18.5 per share – a robust 47% increase year-on-year. Management attributed
CBE governor attends graduation ceremony of Future Leaders programme at EBI
Hassan Abdalla, Governor of the Central Bank of Egypt (CBE) and Chairperson of the Egyptian Banking Institute (EBI), attended the graduation ceremony of four new cohorts of the “Future Leaders” programme at the EBI, the training arm of the CBE.
Banque Misr joins “Open Your Account in Egypt” initiative for expatriate Egyptians
Banque Misr has signed a cooperation protocol with the Ministry of Foreign Affairs, Emigration, and Egyptians Expatriate, alongside National Bank of Egypt, as part of the “Open Your Account in Egypt” initiative. Launched by the Central Bank of Egypt (CBE)
Egypt’s external debt rises to $161.2bn in June 2025: CBE
The Central Bank of Egypt (CBE) announced that the country’s total external debt reached $161.23bn in June 2025, up from $156.69bn in March 2025 — an increase of $4.54bn. According to the CBE’s quarterly report issued on Tuesday, long-term external
CBE, China’s National Financial Regulatory sign MoU to strengthen joint cooperation
In light of the historic ties between Egypt and China, Tarek El-Kholy, Deputy Governor of the Central Bank of Egypt (CBE), received Fu Wanjun, Vice Minister of the China National Financial Regulatory Administration (NFRA), and his accompanying delegation at the