The Central Bank of Egypt (CBE) said on Monday that the country’s net international reserves grew to $49.25 billion in August 2025, compared to $49.04 billion in July. This means …
CENTRAL BANK OF EGYPT
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AfricaBankingBusiness UpdatesCommoditiesEconomyFinanceInternationalTrade
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BankingEconomyFinanceGovernment PolicyINVESTMENTMiddle east
Egypt to Issue Domestic Sukuk in First Half of New Fiscal Year
Egypt is preparing to issue domestic Sukuk within the first half of the 2025/2026 fiscal year, according to Finance Minister Ahmed Kouchouk. The announcement was made during a panel discussion …
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AfricaBankingDigital TransformationEconomyINVESTMENTTechnology
Egypt to Launch First Fully Digital Bank in 2026
Egypt is preparing to make history in its financial sector as the Central Bank of Egypt (CBE) has given the green light for Banque Misr’s Misr Digital Innovation (MDI) to …
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Banking, Finance & InvestmentEconomyEgyptGOVERNMENTInflationInternational RelationsINVESTMENTUncategorized
Egypt Moves to Raise Dollar Inflows, Support Economy
President Abdel Fattah El-Sisi has given a new directive to the Central Bank of Egypt, asking the regulator to intensify efforts to raise dollar proceeds from within the country while …
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EconomyEgyptFinance & ServicesGOVERNMENTInternational RelationsNorth Africa
Egypt’s External Debt Drops by $12.9 Billion in 2024 – Reforms Credited for Major Relief
Egypt has recorded its biggest drop in external debt in history, reducing its foreign debt burden by about US$12.9 billion in 2024. This brings the total to $155.093 billion by …
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Banking, Finance & InvestmentEgyptNorth AfricaTrade and Commerce
Egypt’s Foreign Assets Rise by $1.5 Billion in One Month – Central Bank Confirms
The Central Bank of Egypt (CBE) has announced that the country’s net foreign assets recorded a sharp increase of over US$1.5 billion in February 2025. This pushed the total to …
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AfricaBusinessEconomyEgyptNewsNorth AfricaNorthern Africa
Central bank of Egypt cancels maximum deposit limits, increases cash withdrawals to LE 150,000.
The Central Bank of Egypt (CBE) on Thursday canceled the maximum limits for deposit operations for individuals and companies in bank branches and automated teller machines (ATMs). The CBE also …
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AfricaAFRICA NEWSEconomyEgyptNewsNorth AfricaNorthern Africa
Egypt’s central bank holds interest rates steady after a change of governor
The Monetary Policy Committee (MPC) decided, Thursday to keep the Central Bank of Egypt’s (CBE) interest rates unchanged for the second time in a row during the first meeting led …
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AfricaAFRICA NEWSBusinessEgyptHospitality, Travel & TourismNewsNorth AfricaNorthern Africa
Egypt’s tourism revenues hike to $8.2B in 9 months
Egypt’s tourism revenues increased by $5.1 billion during the first nine months of the last fiscal year 2021/2022, on an annual basis, despite the negative effects of the absence of …