News

@Daily News Egypt
dailynewsegypt. com > 05/02/2026 > slower-monetary-easing-to-support-banks-profitability-hc

Slower monetary easing to support banks" profitability: HC

3+ hour, 24+ min ago  (479+ words) The research department of HC Securities & Investment has released its latest evaluation of Commercial International Bank stock (COMI), projecting that Egypt's banking sector profitability will benefit from a slower monetary easing cycle and a lower required reserve ratio (RRR). "Accordingly,…...

@Daily News Egypt
dailynewsegypt. com > 04/28/2026 > middle-east-conflict-sparks-steepest-energy-price-surge-in-four-years-world-bank

Middle East conflict sparks steepest energy price surge in four years: World Bank

4+ day, 1+ hour ago  (499+ words) The ongoing conflict in the Middle East is set to trigger the sharpest increase in global energy prices since 2022, sending shockwaves through commodity markets and clouding growth prospects worldwide, according to the latest Commodity Markets Outlook from the World Bank…...

@Daily News Egypt
dailynewsegypt. com > 04/19/2026 > iran-war-revives-stagflation-fears-as-global-growth-forecasts-crumble

Iran War revives stagflation fears as global growth forecasts crumble - Dailynewsegypt

1+ week, 6+ day ago  (396+ words) Seven weeks into the Iran conflict, the economic damage is beginning to show up in the data " and the picture is darkening. As preliminary business surveys roll in from economies stretching from Australia to the United States, analysts and policymakers…...

@Daily News Egypt
dailynewsegypt. com > 04/18/2026 > cbe-explains-march-2026-inflation-uptick-amid-rising-food-service-costs

CBE explains March 2026 inflation uptick amid rising food, service costs - Dailynewsegypt

2+ week, 1+ hour ago  (692+ words) Annual urban headline inflation accelerated to 15. 2% in March 2026, up from 13. 4% in February, according to the Central Bank of Egypt (CBE). The increase was driven by rising food and non-food inflation, with food inflation climbing to 5. 8% from 4. 6%, while non-food inflation rose…...

@Daily News Egypt
dailynewsegypt. com > 04/15/2026 > egypts-economy-grows-5-3-in-first-half-finance-minister-tells-investors-in-washington

Egypt's economy grows 5. 3% in first half, finance minister tells investors in Washington

2+ week, 2+ day ago  (257+ words) Egypt's economy expanded by 5. 3% in the first half of the current fiscal year, Finance Minister Ahmed Kouchouk told international investors during a meeting in Washington, attributing the growth to private sector investments. Speaking at an open dialogue organised by Jefferies…...

@Daily News Egypt
dailynewsegypt. com > 04/14/2026 > egypts-current-account-deficit-narrows-to-9-5bn-in-h1-2025-26-on-strong-remittances

Egypt's current account deficit narrows to $9. 5bn in H1 2025/26 on strong remittances - Dailynewsegypt

2+ week, 3+ day ago  (775+ words) Egypt's current account deficit narrowed by 13. 6% to $9. 5bn during the first half of the fiscal year (Fy) 2025/26 financial year, driven primarily by a 29. 6% surge in remittances from Egyptians working abroad to $22. 1bn, alongside robust foreign direct investment (FDI) inflows, Central Bank of…...

@Daily News Egypt
dailynewsegypt. com > 04/06/2026 > egypts-trade-deficit-widens-to-4-8bn-in-january-2026-capmas

Egypt's trade deficit widens to $4. 8bn in January 2026: CAPMAS - Dailynewsegypt

3+ week, 4+ day ago  (345+ words) Egypt's trade deficit widened to $4. 8bn in January 2026, up from $4. 2bn in the same month of 2025, marking a 15% year-on-year increase, according to Central Agency for Public Mobilization and Statistics (CAPMAS). In a statement issued on Monday, the agency said the rise in…...

@Daily News Egypt
dailynewsegypt. com > 04/01/2026 > egypt-finance-minister-says-prioritising-essential-supplies-and-investor-needs-key-to-mitigating-economic-risks

Egypt Finance Minister says prioritising essential supplies and investor needs key to mitigating economic risks - Dailynewsegypt

1+ mon, 1+ day ago  (264+ words) Egypt's Finance Minister Ahmed Kouchouk said on Wednesday that prioritising essential supplies for citizens and production requirements for investors is key to mitigating economic risks. Speaking during a meeting of the Crisis Management and Risk Reduction Committee at the Ministry…...

@Daily News Egypt
dailynewsegypt. com > 03/31/2026 > egypts-engineering-exports-surge-37-6-in-february-to-record-high

Egypt's engineering exports surge 37. 6% in February to record high - Dailynewsegypt

1+ mon, 1+ day ago  (368+ words) Egypt's engineering exports reached a record high in February 2026, marking the strongest monthly performance in the sector's history, according to the Engineering Export Council (EEC). The council said exports rose by 37. 6% year-on-year to approximately $709. 7m in February, up from $515. 8m in the…...

@Daily News Egypt
dailynewsegypt. com > 03/28/2026 > banks-in-egypt-post-egp-601-6bn-in-net-profits-in-2025-cbe

Banks in Egypt post EGP 601. 6bn in net profits in 2025: CBE

1+ mon, 4+ day ago  (236+ words) The Central Bank of Egypt (CBE) said banks operating in the Egyptian market recorded net profits of EGP 601. 612bn in December 2025, up from EGP 433. 772bn in September. According to the CBE, net interest income reached EGP 1. 05trn, while total operating income stood at…...