First Abu Dhabi Bank Misr (FABMISR) has launched its newest corporate online banking channel, FABMISR E-Connect, for multinationals and large corporates.

The Central Bank of Egypt (CBE) announced working hours for the banking sector during Ramadan.

Financial inclusion in Egypt grew further in 2024, with 74.8% of eligible citizens aged 15 and above owning and actively using transaction accounts.

Egypt is exploring measures to enhance liquidity in its industrial sector through financial leasing as part of broader efforts to reduce reliance on imports and boost exports.

Bank NXT, a provider of integrated banking solutions in Egypt, has announced a partnership with Mindgate Solutions, a global leader in payment technology and transaction processing.

Abu Dhabi Islamic Bank-Egypt (ADIB-Egypt) has been awarded the title of "Best Islamic Financial Institution in Egypt" by Global Finance Magazine for the seventh year in a row.

NBK Egypt has launched the NBK Beyond Banking for VIP customers.

The Central Bank of Egypt (CBE) has signed a memorandum of understanding (MoU) with the Central Bank of Tunisia to enhance cooperation in the banking sector

The Egyptian banking sector is one of the promising sectors in terms of investments, EFG Holding’s Head of Research Ahmed Shams El Din ssaid.

Emirates NBD - Egypt has won two awards in January, namely ‘The Most Innovative Global Markets & Treasury Service Provider’ by International Finance Magazine and the ‘Leading Global Markets Banking Services’ from Cosmopolitan The Daily Magazine.

Amid market uncertainty and the ensuing impact of global events, the financial sector in the Middle East has been witnessing the winds of digitalization. Embracing fast-shaping digital trends, financial organizations in the Middle East are tackling external challenges and swiftly creating sustainable brands for the future. On the back of technology, data, and the power of people, the sector is ready to showcase its might to the world. Here are some fast-shaping trends in the Middle Eastern financial sector.

The Central Bank of Egypt (CBE) and the London Institute of Banking and Finance (LIBF) signed a memorandum of understanding (MoU) to improve the efficiency of the Egyptian banking and financial services sector.

The banking sector is considered as an engine of the Egyptian economy; it has shown resilience in the face of various political and economic issues, achieving a growth rate of more than 110% over the past five years. In this Factsheet, Arab Finance represents the latest updates on the financial position of banks in Egypt while shedding light on the key banking indicators.