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CBE says single-digit inflation unlikely till 2H 2027 as war reshapes outlook
Single-digit inflation is no longer expected before the second half of 2027
Inflation unexpectedly cools, putting rate-cut cycle back in play
The first fall in the headline rate in three months came despite a consensus that the war would continue to…
The National Bank of Egypt and Banque Misr just hiked rates on CDs — moves that could see the EGP gain against the USD
NBE and BM both hiked rates on CDs by 125 bps
New FRA Chairman Islam Azzam appointed as Iosco vice chair
Azzam will also chair the Growth and Emerging Markets Committee through 2028
The strong buffers Egypt built heading into the Gulf war are allowing the Madbouly government to navigate from a stronger position
Remittances are up 29.6% y-o-y to USD 22.1 bn in H1 FY 2025/26!_NewsLead_!
FinMin aims to settle EGP 308 CBE debt by end of FY
Good morning, friends. We’ve got a packed issue for you — and despite some doom and gloom from the IMF,…
Central Bank of Egypt looks to renew USD 2 bn Kuwaiti deposit as regional conflict stalls FDI conversions
The maturing USD 2 bn deposit is expected to be renewed under the same existing terms
Instapay hits profitability as demand keeps up one year into 0.1% transaction fee
Instapay has also become the bridge between bank accounts and mobile network operator-run e-wallets, representing some 65% of incoming funds
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