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

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

2026: A defining year in Egypt’s shift toward sustainable, production-led growth

The year 2026 marks a decisive turning point in Egypt’s economic trajectory.…

Shaimaa wagih

IDB targets broad-based expansion in 2026 following transformational year: CEO Refaie

Hussein Refaie, Chief Executive Officer and Managing Director of the Industrial Development…

Hossam Mounir

2026 to mark pivotal year for SAIB Bank: CEO Naguib

Afdal Naguib, Chief Executive Officer and Managing Director of SAIB Bank, said…

Hossam Mounir

CBE opens 2026 with 100bps rate cut, lowers reserve requirement

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

Hossam Mounir

HDB’s 2025-2030 strategy: Strong financial performance, digital transformation, and sustainable growth: Ghanem

Building on a trajectory of growth and leadership, steadily and through successive…

Hossam Mounir

We remain at centre of Egypt’s most significant transactions across multiple fronts: HSBC Egypt CEO

In this exclusive interview with Daily News Egypt, Todd Wilcox, CEO and…

Hossam Mounir