Banks in Egypt record net profits of EGP 433.8bn in Q3 2025
Banks operating in the Egyptian market recorded net profits of EGP 433.772bn in the third quarter of 2025, up from EGP 274.938bn in the second quarter, according to data released by the Central Bank of Egypt (CBE). In its latest
CBE’s 1% rate cut eases financing costs, boosts industry, market confidence
The Central Bank of Egypt (CBE) announced a 1% cut in its key interest rates last Thursday, marking a significant step towards easing monetary conditions and supporting economic activity amid signs of moderating inflation. The decision was widely welcomed by
CBE hosts seminar on regulatory developments with African central banks
The Central Bank of Egypt (CBE) recently organized a seminar on “Current and Emerging Regulatory Developments”, attended by representatives from approximately 23 African central banks, members of the Association of African Central Banks (AACB). The event underscores Egypt’s leading role
Remittances from Egyptians abroad hit $33.9bn in 10M of 2025: CBE
Remittances from Egyptians working abroad recorded unprecedented inflows during the first 10 months of 2025, reaching approximately $33.9bn, compared with around $23.7bn in the same period of the previous year, the Central Bank of Egypt (CBE) announced on Sunday. On
Egypt’s urban inflation eases to 12.3% in November as food price pressures subside: CBE
Annual urban headline inflation in Egypt eased slightly to 12.3% in November 2025, down from 12.5% in October, according to the Central Bank of Egypt (CBE). The moderation was mainly driven by a slowdown in food price inflation, which declined
Opinion | Is now the right time to cut reserve requirements?
The reserve requirement is one of the central monetary-policy instruments used by central banks to regulate liquidity and safeguard financial stability. In Egypt, it represents the share of bank deposits that the Central Bank of Egypt (CBE) requires supervised commercial
Local liquidity in banking sector rises to EGP 13.68trn in October 2025
The Central Bank of Egypt (CBE) has reported an increase in total local liquidity within the banking sector, reaching EGP 13.686trn in October 2025, up from EGP 13.622trn in September. According to the CBE’s latest report, money supply (M2) rose
CBE attracts $1.041bn in bids for USD T-bills, accepts $961m at 3.75% rate
The Central Bank of Egypt (CBE) received 19 bids totaling $1.041bn in its USD-denominated local treasury bill auction held on Monday. The offering, originally sized at $950m for a 364-day tenor maturing on 1 December 2026, drew strong investor interest.
Net foreign assets of Egypt’s banking sector rise to $22.6bn in October
The Central Bank of Egypt (CBE) announced that net foreign assets (NFAs) in the banking sector rose to $22.656bn, equivalent to EGP 1.070tn, in October 2025, compared to $20.783bn (around EGP 996.148bn) in September. According to the CBE’s monthly report,
CBE to Offer $950m Treasury Bills on Monday
The Central Bank of Egypt (CBE) will on Monday offer a local Treasury bill auction denominated in US dollars, valued at $950m, with a tenor of 364 days, maturing on 1 December 2026. The proceeds of this auction will be