The Egyptian Economy

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News

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News

Egypt Raises Inflation Forecasts to 17% and Faces Stagflation Dilemma

The Central Bank of Egypt revised its inflation forecast to 16–17% from 11% due to energy costs, a weakening pound, and regional repercussions, constraining its ability to cut interest rates to support growth.

8/23/2026
News

مصر ترفع توقعات التضخم لعام 2026 إلى 17% بسبب ضعف العملة وارتفاع أسعار الطاقة

رفع البنك المركزي المصري توقعاته للتضخم في 2026 إلى نطاق 16-17% بعد أن كانت 11%، مدفوعًا بضعف الجنيه المصري وارتفاع تكاليف الطاقة في ظل تداعيات الصراع الإقليمي.

8/22/2026
News

Egyptian Stock Exchange Rises 29% Since Beginning of Year, Leading Top Emerging Markets Globally

Egypt's EGX 30 index surged by 29% since the beginning of 2026, ranking among the top-performing emerging markets globally, while the Central Bank maintained interest rates at 25.5%.

8/22/2026
The Egyptian Economy | 60 Arabia