Banking

The latest banking stories from Egypt and across the globe, by the Daily News Egypt banking team, including global insight and commentary on the top issues concerning this sector.
Latest Banking News

BDS Hubs deliver over one million non-financial services under CBE’s NilePreneurs initiative

The Business Development Services (BDS) Hubs, operating under the Central Bank of…

Daily News Egypt

Egypt’s CIB named Africa’s best sustainable finance bank for 2025

Commercial International Bank (CIB) has been named the best bank for sustainable…

Daily News Egypt

54.7 million Egyptians hold active transactional accounts: CBE

In line with the efforts of the Central Bank of Egypt (CBE)…

Daily News Egypt

CBE catalyses banking sector’s shift toward sustainable finance: Governor Abdalla

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), affirmed that…

Daily News Egypt

Private Banking launch at QNB Egypt redefines regional excellence: Group CEO

In a move underscoring its commitment to delivering differentiated, client-centric banking solutions,…

Daily News Egypt

HSBC Egypt, Hong Kong TDC boost garment, textiles trade corridor

HSBC Egypt, in collaboration with the Hong Kong Trade Development Council (HKTDC),…

Daily News Egypt

Banque du Caire signs $16.7m financing deal with Kandil Glass to fund Suez expansion

Banque du Caire has signed a new financing agreement with the Kandil…

Daily News Egypt

Futures contracts: Diversifying financial instruments and building a competitive, transparent market

The decision by the Financial Regulatory Authority (FRA) to grant the Egyptian…

Mohamed Abdel Aal

ADIB-Egypt leads Islamic banking market in 2025, reports EGP 12.6bn in net profit

Abu Dhabi Islamic Bank–Egypt (ADIB-Egypt) announced record financial results for 2025, driven…

Daily News Egypt

Record 2025 results, digital leap drive Suez Canal Bank’s growth: CEO El-Maghraby

Akef El-Maghraby, Chief Executive Officer and Managing Director of Suez Canal Bank,…

Hossam Mounir