1 hour ago Egypt’s gold reserves jump 71%, pushing total reserves to historic high

The Central Bank of Egypt (CBE) recorded an unprecedented milestone at the close of 2025, as the value of its gold reserves surged by approximately 71 percent year-on-year. By the end of December, the value of gold in Egypt’s vaults reached $18.166 billion, reflecting Cairo’s strategic shift toward hedging with precious metals to bolster its … The post Egypt’s gold reserves jump 71%, pushing total reserves to historic high appeared first on Egypt Independent.

Politics

3 d. ago Central Bank of Egypt Approves AFS SoftPOS, Boosting Digital Payments Nationwide

Central Bank of Egypt Approves AFS SoftPOS, Boosting Digital Payments Nationwide  TechAfrica News

Economics

9 d. ago Central Bank of Egypt and Afreximbank Sign a Memorandum of Understanding for the Establishment of a Gold Bank programme in Egypt

Central Bank of Egypt and Afreximbank Sign a Memorandum of Understanding for the Establishment of a Gold Bank programme in Egypt  African Export-Import Bank

Politics

1 week ago Central Bank of Egypt announces banks to close Thursday for end of 2025 fiscal year

The Central Bank of Egypt (CBE) announced that, in observance of the end of the fiscal year for banks operating in Egypt on December 31, 2025, all banks will be closed on Thursday, January 1, 2026. The CBE added in a press release on Sunday that banking operations will resume on Sunday morning, January 4, … The post Central Bank of Egypt announces banks to close Thursday for end of 2025 fiscal year appeared first on Egypt Independent.

Politics

1 week ago Egyptian businessman proposes idea to solve nation’s domestic debt crisis

Egyptian businessman Hassan Heikal on Thursday proposed a “grand swap” as a solution to Egypt’s domestic debt woes. He explained that this solution involves transferring state investments to the sovereign wealth fund, with the state owning approximately 70 percent of it. Half of this stake would then be offered to the Central Bank of Egypt … The post Egyptian businessman proposes idea to solve nation’s domestic debt crisis appeared first on Egypt Independent.

Economics

1 week ago Egypt's central bank expects real GDP growth to reach 5% in Q4 2025 from 5.3% in Q3

Egypt's central bank expects real GDP growth to reach 5% in Q4 2025 from 5.3% in Q3 -statement  marketscreener.com

Politics