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Central Bank of Egypt

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    Egypt's central bank lowers inflation forecasts, holds rates▼CBE lowers inflation forecasts, keeps key rates unchanged✉newsBusinessBanking31 min ago

    The Central Bank of Egypt has revised down its inflation forecasts while keeping its key interest rates unchanged. The decision signals that policymakers see price pressures easing, but prefer to wait for more evidence before loosening monetary policy. Economists are weighing what the improved outlook means for the timing of future rate cuts and for Egypt's broader economic reform programme.

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    Egypt banks post EGP 373 billion net profit in H1 2026▼Banks operating in Egypt post EGP 373.133bn net profit in H1 2026: CBE✉newsBusinessBanking31 min ago

    Banks operating in Egypt recorded EGP 373.133 billion in net profits during the first half of 2026, according to the Central Bank of Egypt. The figure highlights the sector's continued strong earnings, and financial commentators are weighing what the results signal about banking performance, high interest rates and the broader Egyptian economy.