Central Bank of Egypt

Egypt's Central Bank (CBE) has lowered its inflation forecasts while keeping its key interest rates unchanged. The decision suggests policymakers see price pressures easing enough to avoid further tightening, even as they hold borrowing costs steady. Observers will be watching whether the more optimistic inflation outlook opens the door to rate cuts later this year.

Banks operating in Egypt recorded net profits of EGP 373.133 billion in the first half of 2026, according to the Central Bank of Egypt. The figures highlight the sector's continued strong earnings, and business outlets are reporting the numbers as a sign of robust banking performance amid Egypt's ongoing economic adjustments.

Egyptian Prime Minister Mostafa Madbouly met with the governor of the Central Bank of Egypt to discuss measures aimed at strengthening the country's financial and monetary stability. The talks come as Egypt works to shore up its economy, manage inflation and currency pressures, and maintain confidence in its banking sector amid ongoing economic reforms.