Egypt, UAE central banks affirm coordination on Banque Misr branches
The Central Bank of Egypt (CBE) and the Central Bank of the United Arab Emirates (CBUAE) affirmed their full and…
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Banking
Egypt’s financial inclusion rate rises to 79% by June 2026 – CBE
Egypt's financial inclusion rate rose to 79 per cent by the end of June 2026, with 56.4 million adults holding…
Egypt’s Nasser Social Bank, Egypt Post partner to expand financial services…
Egypt's Nasser Social Bank signed on Sunday a cooperation protocol with Egypt Post to expand access to banking and…
Egypt banks raise healthcare CSR spending to over 50% in Q1 2026 – CBE
Egypt's banking sector increased the share of corporate social responsibility (CSR) funding allocated to healthcare…
Egypt’s National Investment Bank retains ISO 9001:2015 certification
Egypt's National Investment Bank (NIB) has successfully passed the periodic external audit for the ISO 9001:2015…
27 women leaders win Top 50 Most Influential Women Award at Amwal Al Ghad 2026
Twenty-seven women leaders from across government, banking, academia, technology, healthcare, and business were…
Top EGX-listed firms win Top 100 Companies Award at Amwal Al Ghad 2026
Egypt's Amwal Al Ghad honoured leading firms at the 11th Amwal Al Ghad Awards Ceremony 2026, held on Monday, as…
Banking Without Banks
For much of the past century, banking operated on a model of visible scale.
Egypt denies plans for 10,000 pound banknote
Egypt’s Cabinet Media Centre denied reports circulating about the government’s alleged intention to issue a new…
Egypt’s central bank signs COMESA deal on banking sector competition oversight
The Central Bank of Egypt (CBE) signed a memorandum of understanding with the COMESA Competition and Consumer…
Egypt signs protocol to give banks access to commercial registry data
Egypt's Central Bank (CBE) and the Ministry of Supply signed a cooperation protocol on Sunday, enabling the banking…
Egypt’s Nasser Social Bank launches early pension disbursement product
Egypt's Nasser Social Bank, chaired by Maya Morsy, Minister of Social Solidarity, has announced the launch of a new…
Egypt inaugurates Talabat’s largest MENA distribution hub
Egypt’s Minister of Communications and Information Technology Raafat Hindy inaugurated on Tuesday Talabat Egypt’s…
Hania Mohamed Mostafa: Redefining Success beyond Banking and Titles
The story did not begin with a vague dream or a sudden desire to break the rules.
Egypt launches new expat banking initiative to spur inflows
Egypt’s central bank and ministry of foreign affairs on Sunday launched a new initiative aimed at simplifying bank…
Egypt PM reviews IPO plans, eyes stronger role for EGX in boosting private investment
Egypt's Prime Minister Moustafa Madbouly on Sunday reviewed progress in preparing state-owned companies for listing…
Egypt’s banks shut Oct. 9 to mark 6th of October Victory
All banks in Egypt will be closed on Thursday, Oct. 9, to mark Armed Forces Day - the 6th of October Victory, the…
S. Korea’s average deposit rates slightly fall in July ’25
South Korea’s average interest rate on new deposits fell to 2.51 per cent in July 2025, down 4 basis points from…
Egypt’s banks off on Sept. 4
The Central Bank of Egypt (CBE) announced that all banks operating in the country will be closed on Thursday,…
Egypt signs agreement with AAMBFS to boost training in public enterprises
Egypt’s Ministry of Public Business Sector signed a cooperation protocol with the Arab Academy for Management,…
Fitch Ratings: ASEAN Islamic finance set to surpass $1t by 2026-end
Fitch Ratings expects ASEAN’s Islamic finance industry, valued at nearly $950 billion in mid-2025, to exceed $1…
National Bank of Egypt reports service disruptions after Ramses Exchange fire
The National Bank of Egypt (NBE) announced on Tuesday that certain services will experience temporary disruptions…
German Watchdog: Banking sector solid, outlook still unclear
Germany’s financial firms remain resilient, but high uncertainty continues to cloud the outlook, according to BaFin…
Egypt’s Investment Min. discusses digital payments collaboration with Visa
Egypt’s Minister of Investment and Foreign Trade, Hassan El-Khatib, held a meeting with Robert Thomson, Global…
ABK-Egypt named MEED’s Best Retail Bank in Egypt
Al Ahli Bank of Kuwait – Egypt (ABK-Egypt) has been named the Best Retail Bank in Egypt at the MENA Banking…
JPMorgan raises NII forecast to $91b
JPMorgan Chase revised its forecast for net interest income (NII) on Monday, which represents the earnings from…
Standard Chartered names Mohammed Gad as Egypt CEO
Standard Chartered said on Monday it had named Mohammed Gad as its chief executive officer for Egypt with immediate…
Egypt’s c.bank issues new digital banks licensing rules
The Central Bank of Egypt (CBE) has issued new rules for licensing and registering digital banks, with the banks…
Banque du Caire celebrates first graduates of Fast Track Programme
Banque du Caire, one of Egypt’s largest state banks, has celebrated on Friday the first graduates of its Fast Track…
JPMorgan Chase acquires First Republic Bank
JPMorgan Chase Bank has announced its acquisition over First Republic Bank from the Federal Deposit Insurance…
HSBC reports pre-tax profit of $5.2 billion in Q4 2022
London-based banking firm, HSBC reported on Tuesday its profit before tax reaching $5.2 billion during the last…
HSBC plans sale of French retail banking business
HSBC is planning to exit its French retail banking business under interim chief executive Noel Quinn, the Wall…
‘Builders of Egypt’ to tackle means of funding projects in Africa
The 5th edition of " Builders of Egypt forum themed “Building Exports as a New Future for Investment” will look at…
Egypt wins two seats on Union of Arab Banks’ board
Egypt has won two seats on the Union of Arab Banks’ (UAB) new board of directors from 2019 until 2022.
Sudan, Saudi Arabia reportedly to restore banking ties
Sudan and Saudi Arabia have agreed to re-establish banking relations, the official Sudanese news agency SUNA…
Bank Audi-Egypt launches its New Core Banking System “FlexCube” in Nov.
As part of its commitment to continuously offer the latest and up-to-date technological banking solution in the…
Egypt’s CBE receives 2nd tranche of IMF loan
The second tranche of the International Monetary Fund’s (IMF) loan to Egypt, $1.25 billion, has entered the…
Egypt’s CIB agrees to sell 10% of CI Capital
Egypt's largest listed bank, Commercial International Bank (CIB) has agreed to sell 10 percent of its investment…
Europe stocks close lower; VW up by 4.5%
European stocks closed lower on Monday with banking and oil stocks leading the declines. The pan-European Stoxx 600…
Intesa Sanpaolo secures €110m for Egypt in 2016
Intesa Sanpaolo-Dubai hub Bank has secured €110 million in financing for Egypt throughtout 2016, said head of…