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CBE announces June 18th bank holiday for Islamic New Year

The Central Bank of Egypt (CBE) has announced that all banks operating in Egypt will be closed on Thursday, June 18th, in observance of the Islamic New Year 1448 AH.

Updated 6/11/2026 3:09:00 PM
NBE partners with IBM, TECH-HUB to enhance disaster recovery capabilities

The National Bank of Egypt (NBE) has partnered with IBM and TECH-HUB, an IBM business partner, to strengthen its disaster recovery (DR) capabilities through the deployment of a scalable application-level replication framework powered by IBM Aspera FASP® technology

Updated 6/10/2026 1:23:00 PM
UKEF backs deeper cooperation with Egypt on African trade, infrastructure projects

Minister of Investment and Foreign Trade Mohamed Farid Saleh and Minister of Finance Ahmed Kouchouk met with Tim Reid, CEO of UK Export Finance (UKEF), in London to discuss strengthening cooperation to support Egyptian exports and investments, particularly across African markets.

Updated 6/7/2026 4:44:00 AM
Egypt, HSBC explore deeper investment partnerships as reforms bolster investor confidence

Minister of Investment and Foreign Trade Mohamed Farid Saleh, Minister of Finance Ahmed Kouchouk, and Deputy Governor of the Central Bank of Egypt (CBE) Rami Aboulnaga met with senior executives from HSBC in London to discuss strengthening investment partnerships and supporting the expansion of global companies in Egypt

Updated 6/7/2026 4:38:00 AM
Egypt’s Banking Sector at a Glance

In this factsheet, we will take a deep dive into the key indicators and highlights of this critical sector in Egypt.

Updated 5/25/2026 1:43:00 AM
Egypt’s financial inclusion rate reaches 77.6% in 2025: CBE

Egypt’s financial inclusion rate among citizens aged 15 and above reached 77.6% in December 2025, reflecting sustained growth in access to financial services, according to the Central Bank of Egypt's (CBE) latest financial inclusion and payment systems and services indicators.

Updated 4/23/2026 10:00:00 AM
Egypt’s banking sector remains resilient amid geopolitical pressures: CBE

The financial soundness indicators showed resilience and robustness in Egypt’s banking sector amid the current geopolitical circumstances, the Central Bank of Egypt (CBE) announced.

Updated 3/26/2026 1:41:00 PM
CBE, EBRD launch MasterTalks for banking sector development

The Central Bank of Egypt (CBE) and the European Bank for Reconstruction and Development (EBRD) are launching a series of masterclasses (MasterTalks), in cooperation with the Federation of Egyptian Banks (FEB).

Updated 12/16/2025 10:48:00 AM
Raya Holding receives certificate for compliance with international internal audit standards

Raya Holding for Financial Investments said its internal audit department received the certificate of conformance with the international standards for the professional practice of internal auditing, issued by the Institute of Internal Auditors Egypt.

Updated 12/7/2025 9:48:00 AM
M&A Momentum: Egypt’s Next Banking Chapter

At the core of the Egyptian banking sector evolution lies a surge in mergers and acquisitions (M&A) activity. As the country pursues ambitious economic reforms and digital modernization, banks have emerged as pivotal players—not only in capital mobilization but also in expanding financial inclusion and investor confidence.

Updated 11/6/2025 12:44:00 PM
Egypt's net foreign assets leap to EGP 996.1B end-September: CBE

The net foreign assets (NFAs) of Egypt’s banking sector hit EGP 996.148 billion at the end of September 2025, an annual leap from EGP 498.697 billion

Updated 11/4/2025 9:01:00 AM
CBE launches Banking Reform and Development Fund

The Central Bank of Egypt (CBE) has announced the establishment of the Banking Reform and Development Fund and the formation of its board of directors for a four-year term.

Updated 10/12/2025 4:25:00 AM
Egypt's net foreign assets hit EGP 900.54B end-July: CBE

The net foreign assets (NFAs) of Egypt’s banking sector hiked to EGP 900.545 billion at the end of July 2025, compared to EGP 644.764 billion in the same period a year earlier.

Updated 9/2/2025 8:08:00 AM
Bank NXT launches private segment for high-net-worth clients in Egypt

Bank NXT, a provider of retail and corporate banking solutions in Egypt, has introduced its new private segment, aimed at clients with a minimum balance of EGP 20 million or the equivalent in foreign currencies, as per an emailed press release.

Updated 8/21/2025 1:22:00 AM
Egypt's net foreign assets up to EGP 741.8B in end-June

Net foreign assets (NFAs) of Egypt's banking system amounted to EGP 741.813 billion at the end of June 2025, compared to EGP 732.556 billion last May

Updated 8/5/2025 10:07:00 AM
Swypex introduces Egypt’s 1st approval-based business card

Swypex, a financial management platform based in Egypt, has launched the country’s first Approval-Based Limits Card, a product designed to help businesses manage expenses more efficiently.

Updated 6/18/2025 3:07:00 AM
FABMISR launches E-Connect for corporate clients

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

Updated 3/9/2025 12:39:00 PM
CBE announces working hours for banks in Ramadan

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

Updated 2/25/2025 7:44:00 AM
Financial inclusion in Egypt reaches 74.8% in 2024

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

Updated 2/25/2025 1:08:00 AM