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
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
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
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
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 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
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
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 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
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 PMThe 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
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 AMThe 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, 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 AMNet 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, 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
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
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 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