By: Hossam Mounir
Egypt's banking sector recorded a sharp increase in net foreign assets (NFA) in June 2026, with the balance rising to $27.965bn, equivalent to EGP 1.378trn, up from $22.9bn, or EGP 1.198trn, in May, according to data released by the Central Bank of Egypt (CBE). The increase came as the Egyptian pound strengthened against the US