Egypt reserves cross $55 billion for first time in June
CAIRO / RankWire.AI / – Egypt’s net international reserves reached a provisional $55.0723 billion at the end of June 2026. The total exceeded $55 billion...
Tag : Central Bank of Egypt
Egypt GDP rises 5.2% as foreign reserves climb
CAIRO / MENA Newswire / — Egypt’s economy grew 5.2% in the first nine months of fiscal year 2025/2026, covering July 2025 through March 2026. The...
CBE reduces deposit lending and discount rates by 2.25 percent
The Central Bank of Egypt has reduced key interest rates by 225 basis points in April 2025, adjusting deposit, lending, and discount rates to support...
Progressive policies and economic strength mark Egypt’s growth under El-Sisi
Egypt’s economy has demonstrated significant resilience and growth, as indicated by a marked reduction of 61.2% in its current account deficit, down to just US$...