Browsing: central bank of egypt

– According to official data, remittances from Egyptians working overseas totaled approximately $29.7 billion during the first seven months of 2026. The Central Bank of Egypt reported that these inflows increased by 28.1% compared to about $23.2 billion from January

– UnionPay International (UPI), the global payment network, has announced a massive expansion of its digital footprint in Egypt through a strategic partnership with Paymob, the leading financial services enabler in the MENA region. The collaboration has officially enabled over

Egypt’s economy grew 5.2% in the first nine months of fiscal year 2025/2026, covering July 2025 through March 2026. The Ministry of Planning, Economic Development and International Cooperation reported the rate in its latest update on Egypt GDP growth. The

CAIRO: Remittances sent home by Egyptians working abroad rose 40.5% in 2025 to about $41.5 billion, the Central Bank of Egypt said, marking the highest annual level on record. The increase compares with roughly $29.6 billion recorded in 2024, reflecting

CAIRO: Egypt’s core inflation rate slowed to 11.2% year on year in January 2026, down from 11.8% in December, according to data released by the Central Bank of Egypt. The reading is closely watched as a gauge of underlying price

MENA Newswire, CAIRO: Egypt’s annual core inflation rate declined to 11.8 percent in December, marking a continued slowdown in underlying price pressures, according to data released by the Central Bank of Egypt. The reading was down from 12.5 percent recorded

MENA Newswire, CAIRO, December 27, 2025: The Central Bank of Egypt (CBE) has cut its key interest rates by 100 basis points, marking a continuation of its monetary easing cycle amid signs of easing inflationary pressures. The decision, announced following

CAIRO, December 22, 2025: Remittances from Egyptians working abroad rose by 42.8 percent in the first ten months of 2025, reaching US$33.9 billion compared with US$23.7 billion during the same period in 2024, according to data released by the Central

CAIRO, November 12, 2025: Egypt’s net international reserves have exceeded US $50 billion for the first time, marking 38 consecutive months of growth, according to official data released by the Central Bank of Egypt (CBE). The CBE stated that Egypt’s

CAIRO, November 11, 2025: The Central Bank of Egypt (CBE) announced that it sold $1.5 billion in dollar-denominated treasury bills on Tuesday, marking the latest issuance aimed at refinancing maturing foreign-currency debt of the same value. The auction forms part