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

Egypt businesses eye increased trade, investment with Saudi Arabia: HSBC report

New HSBC research shows Egyptian businesses are turning to Saudi Arabia as…

Daily News Egypt

CIB, NUCA sign cooperation protocol to finance purchase of Housing Ministry units

The Commercial International Bank (CIB) – Egypt and the Ministry of Housing,…

Daily News Egypt

Banking consortium grants EGP 5bn syndicated loan to Drive Finance

A consortium of leading Egyptian banks – the National Bank of Egypt…

Daily News Egypt

Opinion | Expat Remittances: Egypt’s Inexhaustible Mine

Whenever we look at the foreign-exchange reserve data of the Central Bank…

Mohamed Abdel Aal

CBE outlines drivers behind October’s rise in inflation

Annual urban headline inflation accelerated to 12.5% in October 2025, up from…

Hossam Mounir

Inflation-related risks necessitate cautious monetary-easing approach: CBE

The Central Bank of Egypt (CBE) has cautioned that persistent inflation-related risks…

Hossam Mounir

CBE set to decide EGP interest rates amid sharp split in market expectations

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…

Hossam Mounir

CBE’s digital transformation push lifts financial inclusion to 76.3% in June 2025: Assistant Governor

Mohamed Amer, Acting Assistant Governor of the Central Bank of Egypt (CBE)…

Daily News Egypt

ADCB launches ClimaTech Accelerator 2025

Abu Dhabi Commercial Bank (ADCB) has renewed its strategic partnership with the…

Daily News Egypt

saib Bank board gives initial approval for EGP 20bn bond programme to fund expansion

The Board of Directors of saib Bank has granted initial approval for…

Hossam Mounir