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

CBE Governor explores enhanced cooperation with Tunisian counterpart

Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), received Fathi…

Daily News Egypt

Inflation in May 2026: A Reassuring Decline and a Cautionary Signal

The key message in May’s data is that headline inflation continued to…

Mohamed Abdel Aal

ADCB Egypt launches first investment fund in partnership with EFG Hermes

Abu Dhabi Commercial Bank (ADCB) Egypt has launched its first investment fund…

Daily News Egypt

Daily News Egypt tracks key banking sector performance indicators in 2025

Daily News Egypt reviews the key performance indicators of banks operating in…

Hossam Mounir

Egypt’s headline inflation eases to 14.6% in May; core rate steady at 13.8%

Egypt's annual urban consumer price inflation eased to 14.6% in May 2026…

Hossam Mounir

NBE partners with Belmazad.com to digitize asset sales, auctions

Belmazad.com has signed an operating agreement with the National Bank of Egypt…

Daily News Egypt

Egypt-China currency swap: Financial instrument or strategic shift?

At a time when emerging economies are seeking to diversify their financial…

Mohamed Abdel Aal

Banque du Caire launches new savings certificates with returns of up to 18.5%

Banque du Caire has launched a new suite of savings certificates offering…

Daily News Egypt

Domestic liquidity rises to EGP 15.14trn in April 2026: CBE

The Central Bank of Egypt (CBE) announced that domestic liquidity in the…

Daily News Egypt

United Bank reports EGP 634m net profit in Q1 2026 as assets, deposits surge

United Bank announced strong standalone financial results for the first quarter (Q1)…

Daily News Egypt