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Central Bank of Egypt

Egypt’s central bank keeps interest rates unchanged

The discount rate was also maintained at 19.50%.

Egypt's central bank tightens rules on credit use for capital financing & dividends

The directive also prohibits the use of bank financing to fund cash dividend distributions and employee bonus shares, as part of efforts to strengthen oversight of credit facilities provided by the banking sector.

Egyptian expatriate remittances hit record $39.2B in first 10 months of FY2025/2026

On a monthly basis, remittances increased by 44% in April 2026, recording around $4.3 billion, compared to approximately $3 billion in April 2025.

Egypt expands tourism financing initiative, raises maximum client funding to EGP 4B

The activation process must be completed by the end of June 2026.

CBE keeps interest rates unchanged for second time in 2026, raises inflation forecasts

The central bank also kept the main operation and discount rates unchanged at 19.5%, citing recent inflation developments and forecasts amid an uncertain global environment.