Sunday, September 27, 2026English edition
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Country risk, from the local press

Egypt · Country watch

CBE Lowers Inflation Forecast, Gold Exports Drop

Egypt's central bank lowers inflation forecasts, while gold exports fall 44% amid local demand and transport disruptions.

· · 5 sources

The picture Mixed

Egypt's business conditions are mixed: while inflation forecasts improve, gold exports drop 44% due to local demand and transport issues. The CBE's stable rates and upcoming fuel pricing review add complexity.

In this briefing Fuel Automatic Pricing Committee · Central Bank of Egypt · Ehab Wassef · Federation of Egyptian Industries

Regulation

  • energy

Fuel Automatic Pricing Committee to meet in October

white and blue bus near white and blue building
Mohammed Attia / Unsplash

Egypt's Fuel Automatic Pricing Committee (FAPC) is scheduled to meet in the first week of October to review petroleum product prices and set new rates, according to an official source cited by Al Masry al Youm. The committee will examine global oil price trends and regional variables affecting energy before making any pricing decisions.

Impact Fuel importers and distributors in Egypt await potential price adjustments following the FAPC's October meeting.

Watch The FAPC meeting is scheduled for the first week of October. · 7 October 2026

Sources: Al Masry al Youm ↗

Disruption

Nothing significant reported today.

Internal tension

Nothing significant reported today.

Safety & health

Nothing significant reported today.

Companies

Nothing significant reported today.

Markets

  • finance

CBE lowers inflation forecasts, keeps key rates unchanged

The Central Bank of Egypt (CBE) has revised its inflation forecasts downward, expecting annual headline inflation to stabilize in the third quarter of this year before gradually declining towards its target of 7% (±2%) in the second half of 2027. This adjustment follows recent inflation developments that were more favorable than anticipated, according to DailyNewsEgypt. The CBE also decided to keep key interest rates unchanged, maintaining its monetary policy stance.

Impact Lenders and borrowers in Egypt face stable interest rates, with inflation expected to decline towards 7% by 2027.

Sources: DailyNewsEgypt ↗

Trade

  • mining

Egypt's gold exports fall 44% in seven months

Egypt's gold and gold jewellery exports have decreased by 44% during the first seven months of 2026, primarily due to increased domestic demand, regional disruptions affecting air transport, and challenges related to export procedures, as reported by DailyNewsEgypt. Ehab Wassef, Head of the Gold and Precious Metals Division at the Federation of Egyptian Industries, highlighted these factors in a recent report.

Impact Gold exporters in Egypt face reduced international sales, with exports down 44% amid local demand and transport issues.

Sources: DailyNewsEgypt ↗

Politics

Nothing significant reported today.

Also today in Egypt

Sources in this briefing

Sources: each headline links to the original article on the publisher's site.

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