alekhbaryia Archives - الصفحة 9 من 56 - جريدة الاخبارية

Central Bank of Egypt Hosts a Seminar on “Current and Emerging Regulatory Developments” with the Participation of 23 African Central Banks

Posted on ديسمبر 22, 2025 by aberabozaher

In line with the Central Bank of Egypt’s (CBE) leading role in strengthening cooperation with African counterparts, the CBE has recently organized a seminar on “Current and Emerging Regulatory Developments”, with the participation of around 23 Central Banks, members of the Association of African Central Banks (AACB).

Central Bank of Egypt

The seminar’s agenda focused on priority topics for Central Banks supervision, including Pillar II and III frameworks of Basel Accord, supervisory regulations on Emergency Liquidity Assistance (ELA), Recovery Plans, Sanctions, and Governance, as well as addressing the specific regulations related to Cybersecurity, and FinTech. The seminar aimed to enhance awareness and develop risk management practices in central banks to address emerging challenges within the African continent”.

Mr. Tarek El Kholy, Deputy Governor of the Central Bank of Egypt, stated: “We always welcome cooperation and exchange of expertise with our brethren from African central banks, to enhance work efficiency in all relevant specialties. This series of seminars organized and hosted by the CBE, as part of its chairmanship of the Working Group on the implementation of Basel Accords, represents a role model for integration among banking institutions that we aspire to support and expand at the regional and continental levels”.

This seminar is part of an ongoing series of seminars, held virtually for several past years, under the CBE’s chairmanship of the Basel Implementation Working Group at the Community of African Banking Supervisors (CABS), which was established during the Annual Conference, hosted by Egypt in June 2019. Worth noting, this seminar marks the first in-person participation of African Central Bank representatives, after being held virtually since 2021.

Since its inception, the Working Group has launched a series of virtual seminars hosted by the CBE over the past four years. Previous seminars encompassed “Pillar II and III of Basel Accord on Banking Supervision” in 2021, “Basel III – Post-Crisis Reforms” in 2022, “Climate related Financial Risks and Sustainable Finance” in 2023, and “Effective Supervision:

Building Supervisory Frameworks and Risk Management” in 2024. These seminars played a vital role in fostering the exchange of banking expertise among calibers working in the field of banking supervision and oversight at African central banks.

PLDG Development appoints Gamal Ghoneim Head of the commercial sector

Posted on ديسمبر 21, 2025 by aberabozaher

PLDG Development company, announced the appointment of Gamal Ghoneim as Head of the Commercial Sector, among its strategic steps to enhance its expansion in the Egyptian market, as the company has an investment plan exceeding EGP 30 billion in 6th October, Sheikh Zayed, New October, and North Coast.

PLDG Development

Ghoneim’s appointment is based on his extensive experience which exceeds 13 years in real estate sector and commercial management, besides his ability to lead the company’s growth in the coming phase.

For his part, Gamal Ghoneim, PLDG Development Head of the Commercial Sector, said “I am proud to join a company with a clear and ambitious vision for growth, considering joining the company a great responsibility and a driving force towards achieving a qualitative leap within the company’s commercial sector, in alignment with the company’s ambitious expansion plan”.

He assured his commitment to leading a new phase of development and expansion in the coming period, which will strengthen the company’s leading position in the Egyptian market and support its ability to compete and achieve sustainable growth in the future.

He revealed the most prominent features of his plan at PLDG Development, which aims to develop the client portfolio and contribute in injecting his expertise to complement the company’s plan to increase the size of its investments, and to work on raising the efficiency of the company’s commercial performance, in parallel with the company’s readiness to launch its latest projects in 2026, which are targeted youth with economical prices and flexible payment plans.

Future real estate Expo farewell 2025 with 5 successful exhibitions

Posted on ديسمبر 21, 2025 by aberabozaher

Future Real Estate Expo, achieved during its two editions held in Riyadh and Khobar in Saudi Arabia this December, remarkable success, as its real estate developers success partners which participated in the editions, managed to generate sales exceeding EGP 13 billion.

Future real estate Expo

The success of these two editions is regarded as an extension for the achievements of the previous three editions of Future Real Estate Expo held abroad, bringing the total number of editions to five in 2025.

Eng. Sameh Fathy, Future Expo Chairman and Chairman of Egypt Gulf Exhibitions, stated that the two exhibitions witnessed a large turnout of visitors and investors, exceeding 9,000 visits, which reflects the growing interest in the real estate market and the projects offered, and underscores the increasing confidence in specialized exhibitions as an effective and influential platform for direct marketing and sales.

He added that the successes achieved demonstrated the strength of the organization and the quality of the participating companies, as well as the selection of the appropriate timing and location, all of which contributed to transform the two exhibitions into a genuine opportunity for successful deals and enhancing communication between developers and their targeted clients.

He revealed the key features of the company’s 2026 plan, which focuses on continued regional expansion, as the company plans to organize two exhibitions in the Kingdom of Saudi Arabia during the first quarter of the year, in addition to shifting towards expansion outside the Kingdom
within the second quarter of 2026, as a part of a strategy targeting to open new markets and strength the presence of Egyptian real estate exhibitions regionally and internationally.

He assured that Egypt Gulf is continuously developing its organizational and marketing tools to ensure the delivery of professional experiences that achieve the highest return on investment for participating companies, and reinforce the position of real estate exhibitions as one of the most important sales engines in the sector.

He pointed that his company keens to conduct through market studies and continuous analysis of market trends and the needs of clients and investors,, which enables it to design successful and impactful exhibitions that align with the aspirations of the targeted audience and achieve the highest rates of attendance and sales for participating companies.

Egyptian Remittances Hit $33.9 Billion in First Ten Months of 2025

Posted on ديسمبر 21, 2025ديسمبر 21, 2025 by doha

Record-Breaking Inflows from January to October 2025

Egyptian remittances witnessed a remarkable increase during the first ten months of 2025

registering record-breaking foreign inflows of $33.9 billion, compared to $23.7 billion during

the same period in 2024—a growth rate of 42.8% On a monthly level, remittances during

October 2025 surged by 26.2%, reaching $3.7 billion, up from $2.9 billion in October 2024

This strong performance highlights the growing role of Egyptians working abroad in

supporting the national economy

October 2025 Sees 26.2% Monthly Surge in Remittances

Experts note that these remittances are a vital source of foreign currency, contributing

directly to Egypt’s foreign reserves, stabilizing the US dollar exchange rate, and boosting

investment in domestic projects and small-to-medium enterprises

Significance of Remittances for Egypt’s Economy

The rise in Egyptian remittances reflects both the enhanced financial capacity of the

Egyptian diaspora and improving global economic conditions that influence international money transfers

MADKOUR Developments Unveils Fully Completed Office Project in Egypt’s New Capital

Posted on ديسمبر 21, 2025ديسمبر 21, 2025 by doha

Building on the national role and extensive experience of MADKOUR Holding in delivering

major infrastructure and national projects, MADKOUR Developments the Group’s real estate

development arm, has officially entered Egypt’s real estate market with the launch of its first

project in the New Administrative Capital The move reflects the company’s strategic vision to

actively contribute to Egypt’s comprehensive urban development and sustainable growth plans

MADKOUR Holding Brings Infrastructure Expertise to Real Estate Development

Eng Hesham Madkour, Vice President of MADKOUR Holding, said the Group’s strategy

has always been grounded in commitment and quality, values that form the foundation

of MADKOUR Developments Through this new entity, the company aims to introduce new

benchmarks in Egypt’s real estate sector, based on credibility, operational readiness, and

superior construction quality—ensuring strong and secure investment value for clients

For more than 20 years, MADKOUR Holding has been a key partner in executing Egypt’s

infrastructure projects, with annual business volumes exceeding $1 billion, Madkour stated

Today, we are transferring this deep expertise and strong financial capacity into real estate

development Our market entry is non-traditional, relying on self-financing and full integration

across the Group’s companies, enabling us to deliver real estate products backed by tangible

achievements rather than future promises

New Administrative Capital Chosen as a Strategic Launch Location

MADKOUR Developments explained that selecting the New Administrative Capital reflects the company’s

confidence in its status as a model for integrated urban development and one of Egypt’s

most promising investment destinations He added that the company has chosen the

Financial District as the location for its first real estate project, given its strategic importance

and strong demand for high-quality administrative developments

Fully Completed Administrative Project in the Financial District

Eng Ahmed Attia, CEO of MADKOUR Developments, said the company has adopted a robust

and integrated strategic plan to ensure a distinctive entry into the Egyptian real estate market

The plan focuses on delivering projects that add real, measurable value, leveraging MADKOUR

Holding’s extensive technical and managerial expertise, alongside strict adherence to quality standards

and construction timelines Attia revealed that the company’s debut project is a fully completed

administrative development strategically located in the Financial District of the New Capital

The project embodies MADKOUR Developments’ “Reality First” philosophy, which prioritizes delivering

finished, tangible assets as the basis for building investor confidence

Introducing the Open Business Campus Concept

MADKOUR Developments is also introducing an innovative office model known as the

“Open Business Campus The concept redefines traditional office environments by creating

a flexible, open layout comprising three interconnected buildings, outdoor plazas, and integrated

service areas, designed to meet the needs of international corporations, financial institutions, and banks

Fastest ROI and Smart Utilities Management

Attia highlighted that the project is fully constructed and ready for inspection, allowing

clients to receive and operate their units within one year, offering one of the fastest returns

on investment (ROI) in Egypt’s real estate market Project management and operations will

be handled using MADKOUR Utilities’ smart technology, ensuring operational efficiency

sustainability, and reduced running costs

MADKOUR Holding: A National Powerhouse

Founded by Dr Mostafa Madkour, MADKOUR Holding is one of Egypt’s leading

national groups, operating across energy, infrastructure, residential community

management, and industrial sectors With annual business volumes exceeding $1 billion

a workforce of more than 6,000 employees, and a proven track record of delivering over

120 landmark projects across Egypt, the Arab region, and Africa, the Group brings unmatched

credibility to the real estate sector

Strengthening an Integrated Development Model

The launch of MADKOUR Developments reinforces the Group’s position as one of the few

entities in Egypt that seamlessly integrates contracting, technology, utilities management

and real estate development under one umbrella—catering to investors seeking long-term

security, reliability, and trusted quality

Empire State Developments Accelerates Expansion in Egypt’s New Administrative Capital

Posted on ديسمبر 17, 2025ديسمبر 17, 2025 by doha

Empire State Developments has announced an ambitious new investment and expansion strategy

building on the strong performance of its three landmark projects in Egypt’s New Administrative Capital

The plan aims to reinforce the company’s local footprint while opening the door to regional and international

markets Eng Mostafa Mohsen, Chairman of Empire State Developments, stated that the company is preparing

to launch new investments as part of a comprehensive growth strategy focused on expanding within the New

Administrative Capital, alongside exploring promising regional opportunities

Strategic Expansion in the New Administrative Capital

Mohsen explained that Empire State Developments is actively pursuing local expansion through

the development of new real estate projects and the acquisition of additional land plots in the New

Administrative Capital This approach aligns with the company’s long-term vision for sustainable growth

particularly in light of the wide range of investment opportunities available for financially strong and visionary

developers He emphasized that the New Administrative Capital continues to offer a fertile environment

for serious investors seeking long-term returns, supported by modern infrastructure and a forward-looking

urban development strategy

EGP 11 Billion Investments Across Three Flagship Projects

The Chairman revealed that Empire State Developments’ total current investments

have reached EGP 11 billion, distributed across three major projects in the New

Administrative Capital

El Centro Business Park

An integrated administrative and commercial project spanning 5,231 square meters

El Centro Business Park is strategically positioned to serve as a prime hub for companies

startups, and entrepreneurs seeking a modern business environment in the capital

Evet Mall

Located in the MU12 district near the main gates of the New Administrative Capital

Evet Mall is a mixed-use commercial and entertainment destination. The project offers

a wide range of retail, service, and leisure activities designed to support the needs of a

rapidly growing residential population

Upmount Residential Project

Upmount is the company’s latest residential development in R8, currently being prepared for launch

The project features a distinctive architectural concept that redefines upscale living, aiming to deliver

a tranquil, balanced, and high-quality lifestyle within one of the most prestigious residential zones

of the New Administrative Capital

Confidence in Egypt’s Visionary National Project

Empire State Developments Commenting on the company’s future outlook, Mohsen stated

We are confident in the future of the New Administrative Capital as Egypt’s national project for

the 21st century. Our goal is to expand our operations locally and globally over the coming years

by delivering projects that meet international standards and reflect a clear, future-oriented vision.”

Palm Hills Developments Signs Agreement with Marriott International to develop The St. Regis Palm Hills, Cairo.

Posted on ديسمبر 16, 2025 by aberabozaher

Palm Hills announces its agreement with Marriott International to develop The St. Regis Hotel & Residences Palm Hills, Cairo – a new icon of luxury hospitality set to elevate Egypt’s tourism landscape. Located within P/X, Palm Hills’s most elevated residential concept, the hotel is anticipated to include 150 luxury guestrooms, 50 serviced apartments in addition to 150 branded residences crafted to meet the highest international standards.

Palm Hills

This strategic collaboration underscores Palm Hills’s commitment to advancing Egypt’s tourism sector and shaping fully integrated, world-class communities. By introducing one of the world’s most prestigious hospitality brands to West Cairo, Palm Hills reinforces its vision to position Egypt as a leading destination for luxury tourism, investment, and exceptional living.

The hotel will be situated in the heart of the Palm Hills October at the iconic P/X project with views of The Great Pyramids and at very close proximity to the newly inaugurated Grand Egyptian Museum and just steps away from Palm Hills’ 27-hole golf course designed by Nicklaus Design — the world’s leading golf course designer. Anticipated to open in 2030, the hotel will offer a prime location for visitors seeking both luxury and convenience. The location strengthens West Cairo’s position as a growing tourism hub, offering immediate access to Egypt’s most celebrated landmarks.

The hotel plans to feature exceptional dining destinations, a world-class spa, a fully equipped fitness center, multiple pools, a children’s club, and state-of-the-art meeting and event facilities — all designed to deliver the exquisite experiences and uncompromising level of bespoke service that St. Regis is renowned for.

The branded residences aim to introduce a new level of contemporary luxury, combining privacy, comfort, and world-class hospitality. Designed for exquisite living, the residences plan to offer exceptional convenience, effortless access to amenities, and bespoke service to elevate the everyday. Residents will enjoy a refined lifestyle enhanced by the signature St. Regis Butler service best-in-class concierge team, and a fully integrated living environment that blends functional elegance with elevated comfort.

Yasseen Mansour, Chairman & Group CEO, stated: “Introducing the St. Regis brand to West Cairo reflects Egypt’s strong standing as a key tourism destination and its steady progress on the global stage. With the official opening of the Grand Egyptian Museum and its positive impact on tourism and cultural development, this partnership supports national plans to develop Egypt’s tourism infrastructure. It also improves the level of hospitality by offering integrated hotel experiences that strengthen Egypt’s international position and attract foreign investment that supports the sector’s growth.”

“Palm Hills’ strategy focuses on supporting Egypt’s hospitality sector through major investments and by developing a growing portfolio of high-quality projects. We are expanding our hospitality offerings in a sustainable way, with plans to add up to 3,000 hotel rooms in the coming years. This reflects our commitment to building a strong hospitality platform that meets future market needs and contributes to Egypt’s economic development.” Mansour added.

Hazem Badran, CO-CEO & Managing Director of Palm Hills, stated: “Extending our relationship with Marriott International reflects Palm Hills’ unwavering commitment to supporting the growth of Egypt’s tourism sector — a vital pillar of national economic development. With the St. Regis brand, we are introducing an international benchmark of luxury to West Cairo, attracting visitors, investment, and global attention, and setting new standards for integrated, tourism-driven development that strengthen Egypt’s position on the regional and global tourism map.”

P/X encompasses a full spectrum of experiences, including commercial, hospitality, retail, entertainment, recreational, and wellness offerings, with direct extension into Palm Hills Sports Club October. The project features a range of fully finished units — including villas, townhouses, and apartments — all designed with unobstructed views at the most prestigious address in West Cairo.

GENNVAX Lays Foundation for Egypt’s Largest Fully Integrated Vaccine Manufacturing Facility

Posted on ديسمبر 16, 2025ديسمبر 16, 2025 by doha

Egypt has taken a major step toward strengthening its vaccine manufacturing capabilities with

the foundation stone ceremony of GENNVAX, set to become the largest fully integrated vaccine

production facility in the region With a total investment exceeding USD 150 million, the project

aims to advance biopharmaceutical localization, enhance drug security, and position Egypt as a

regional hub for vaccine production

High-Level Ceremony Highlights Strategic Investment

The ceremony, held at the First Industrial Sector of Orascom Industrial Parks, was attended

by a high-level delegation including ministers, ambassadors, and leaders from Egypt’s healthcare

and pharmaceutical sectors Notable attendees included

Eng Hassan El Khatib, Minister of Investment and Foreign Trade

Dr. Khaled Abdel Ghaffar, Deputy Prime Minister for Human Development and

Minister of Health and Population

Mr Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone

Eng Amr El-Batrik, CEO of Orascom Industrial Parks

Senior officials from the Egyptian Drug Authority, Unified Procurement Authority, WHO

and the Armed Forces Medical Services Administration were also present, alongside

GENNVAX international partners and technology transfer licensors

GENNVAX: Advancing Vaccine Localization and Production

Designed as a fully integrated vaccine manufacturing complex, GENNVAX will cover the entire

production cycle, from upstream to downstream processes, producing 29 vaccines and serums

through agreements with 15 international partners The facility will support Egypt’s national

immunization programs, while expanding export potential to Africa and the Middle East

With an annual capacity of 270 million doses per production line operating on a two-shift system

the facility integrates advanced digital infrastructure to ensure quality, efficiency, and traceability

aligning with WHO Prequalification (WHO PQ) standards to facilitate international distribution

Strengthening Egypt’s Pharmaceutical Industry and Drug Security

Officials highlighted the project’s strategic role in achieving Egypt Vision 2030, enhancing

drug security, reducing reliance on imports, and attracting foreign direct investment in the

biopharmaceutical sector GENNVAX is expected to create 500–700 direct jobs, contributing

to local employment and the development of skilled national talent capable of competing internationally

Sustainability at the Core

The GENNVAX facility has been designed as a green facility, utilizing solar energy

and environmentally responsible technologies, reflecting Egypt’s green transformation

strategy and commitment to sustainable industrial practices

Leadership Perspective and Long-Term Vision

Mr. Adam El Daba, Chairman of El Daba Holding and GENNVAX, noted that Egypt’s

macroeconomic improvements and investment-friendly climate were key drivers for

moving forward with this strategic project Dr Nibal Dahaba, shareholder and Managing

Director of GENNVAX, described the foundation stone ceremony as the start of a new

chapter for biopharmaceutical manufacturing in Egypt, emphasizing the company’s reliance

on advanced technology, international partnerships, and a long-term vision to deliver innovative

vaccine solutions for Egypt and Africa

Knowledge Localization and Capacity Building

GENNVAX has also launched the GENNVAX Academy for Continuing Medical Education

providing advanced training programs for professionals from leading national and international

regulatory bodies, including the Egyptian Drug Authority (EDA) and the Unified Procurement

Authority (UPA) This initiative ensures the sustained application of global quality standards

across local pharmaceutical production

Corporate Background

GENNVAX is part of El Daba Holding, a leading national group established in 1957, with

operations across Egypt, Canada, Russia, Saudi Arabia, the UAE, and several African countries

The project reinforces the state’s strategy to localize pharmaceutical manufacturing, expand

capacity in critical biotechnological industries, and enhance Egypt’s role as a regional hub for

vaccine development and production

Tesla Developments Unveils “Tesla Residence” on 26 Acres in West Cairo

Posted on ديسمبر 15, 2025ديسمبر 15, 2025 by doha

Tesla Developments Unveils a 26-Acre Integrated Urban Project

Tesla Developments has announced its latest real estate project, Tesla Residence, spanning 26 acres

in West Cairo, marking a key step in the company’s ambitious expansion strategy The project is part

of a broader plan to launch a series of diverse residential, commercial, and mixed-use projects in 6th

of October City in the near future

Strategic Location and Comprehensive Design

According to Alaa El Sheikh, Head of the Commercial Sector at Tesla Developments

Tesla Residence reflects the company’s vision of delivering a high-quality, integrated real

estate product The project combines strategic location, smart architectural design, and a

variety of residential options to meet the needs of different customer segments West Cairo

in particular, has been experiencing rapid urban growth, making it an ideal location for such

developments The project is strategically located opposite MSA University on Al Wahat Road

and features a fully integrated development including residential, commercial, hotel, administrative

and medical components Residential units range in size from 98 to 184 square meters, catering

to diverse client needs

Premium Residential and Commercial Facilities

Tesla Residence includes a dedicated building offering hotel-style residential units managed

to international standards, a 400-meter-long commercial promenade, a medical building, and

multiple administrative offices The project was launched last month, and the first phase sold out

completely within just two weeks, reflecting strong market demand due to its prime location, smart

design, flexible payment plans, and competitive pricing

Phased Sales and Future Deliveries

The project is divided into four sales phases to align with construction progress Currently

the second phase is being offered to clients, and delivery is scheduled within three years

Tesla Residence is the first in a series of projects the company plans to launch in the coming year

Expansion Plans: 31-Acre Project in 6th of October City

Tesla Developments has also revealed plans to launch a new 31-acre project within two months

in a strategic location in 6th of October City The upcoming project will feature a diversified investment

activity offering a variety of services, catering to the entire West Cairo market The company emphasizes

that its expansion strategy is driven by thorough market studies and evolving customer needs

Sumu Aljazeera for Investment Expands into Egypt with Strategic Real Estate Plans

Posted on ديسمبر 15, 2025ديسمبر 15, 2025 by doha

Sumu Aljazeera Expands into the Egyptian Market

Sumu Aljazeera for Investment has officially entered the Egyptian market, marking a strategic

milestone in the company’s regional expansion and demonstrating confidence in Egypt as one

of the most promising and dynamic investment destinations in the region This move aligns with

the growing investment momentum in Egypt, supported by government incentives for both local

and foreign investors

Strategic Investment Approach and Opportunity Assessment

Dr. Abdelrahman Khalil, Investment Advisor at Sumu Aljazeera for Investment, highlighted that

the company’s entry into Egypt represents an initial phase focused on analyzing and evaluating

diverse investment opportunities across multiple sectors, without committing to a single activity

at this stage He added that the company will announce specific sectors and projects in due

course, following comprehensive feasibility studies and market assessments

Focus on Real Estate and Portfolio Management

Khalil emphasized that Sumu Aljazeera for Investment aims to build a strong investment

platform by leveraging professional portfolio management and systematic evaluation of opportunities

using analytical frameworks The goal is to generate sustainable value for investors

He noted that the company is actively reviewing several real estate investment opportunities in Egypt

forming a core part of its broader investment assessment strategy

Role in the Egyptian Market

The company’s operations in Egypt will center on managing investment portfolios

by identifying high-potential opportunities in collaboration with developers and stakeholders

This may involve land acquisitions or participation in existing projects, which will then be structured

and presented to investors in line with their investment objectives

Leveraging Regional Expertise and Strategic Partnerships

Khalil pointed out that Sumu Aljazeera for Investment builds on the experience and track

record of Sumu Oman, enhancing its capacity to attract investment portfolios from Gulf countries

The company benefits from a strong regional network and extensive expertise in managing diversified

investments.Currently, the company is finalizing its institutional framework and operational procedures

to launch its execution phase successfully

Future Plans and Economic Impact

Sumu Aljazeera for Investment will soon announce its first investment initiatives in Egypt

aiming to strengthen investment flows between Egypt and the Gulf The company seeks to foster

strategic partnerships and projects that contribute to economic development and sustainable growth

in the region

Central Bank of Egypt Launches MasterTalks Series to Promote Innovation and Financial Inclusion

Posted on ديسمبر 15, 2025 by maryem

The Central Bank of Egypt (CBE), in partnership with the European Bank for

Reconstruction and Development (EBRD), has launched a series of Masterclasses called

MasterTalks to support best practices in inclusive banking, advance knowledge, and foster

innovation across the banking sector, in cooperation with the Federation of Egyptian Banks (FEB).

Broad Participation from Banking Leaders

The inaugural event brought together heads of Micro, Small, and Medium-sized Enterprises (MSMEs)

units, financial inclusion managers from banks, and key stakeholders from Egypt’s financial

ecosystem, including the Credit Guarantee Company (CGC), the Egyptian Credit Bureau

(i-Score), and the Egyptian Banking Institute (EBI).

International speakers also joined the dialogue to explore challenges in operationalizing

Artificial Intelligence (AI) and global use cases tailored for emerging markets.

Focus on Digital Transformation and Financial Inclusion

The MasterTalks series emphasizes the importance of digital transformation in modernizing the banking

industry and demonstrates how emerging technologies can be integrated into financial systems.

Discussions highlighted the role of AI tools in improving access to financial and non-financial services for

individuals and MSMEs, helping meet diverse needs and opening new opportunities for financially excluded segments.

Supporting Innovation and Banking Capacity Building

This joint initiative reflects the CBE and EBRD’s focus on supporting innovation, enhancing banking sector

capacity, and promoting inclusive and sustainable growth within Egypt’s financial system.

It also underscores the CBE’s commitment to advancing financial inclusion, in line with Egypt

Vision 2030, aiming to economically empower citizens and expand access to banking services

through modern technological innovations.

Remarkable Growth in Financial Inclusion

These efforts have contributed to significant progress in financial inclusion in Egypt, with the rate reaching

76.3% as of June 2025, marking a 214% increase since 2016.

Over the same period, bank lending portfolios directed to MSMEs recorded a 395% growth.

EBRD’s Role in Egypt

Egypt is a founding member of the EBRD.

Since the start of the Bank’s operations in the country in 2012, the EBRD has invested

over €13.5 billion across 206 projects.

Egypt’s Central Bank and EBRD Partner to Promote Financial Inclusion Through MasterTalks Series

Posted on ديسمبر 14, 2025ديسمبر 14, 2025 by doha

Launch of MasterTalks Series to Promote Banking Innovation

The Central Bank of Egypt (CBE), in collaboration with the European Bank for Reconstruction

and Development (EBRD), has launched a series of specialized masterclasses called “MasterTalks

aimed at supporting financial inclusion in Egypt and promoting innovation across the banking sector

This initiative is carried out in partnership with the Federation of Egyptian Banks (FEB) and seeks to

implement best practices in inclusive banking while advancing knowledge and technological adoption

in financial services The inaugural session brought together key stakeholders, including heads of Micro

Small, and Medium-sized Enterprises (MSMEs), financial inclusion managers from Egyptian banks, and

representatives from supporting institutions such as the Credit Guarantee Company (CGC), the Egyptian

Credit Bureau (i-Score), and the Egyptian Banking Institute (EBI) International experts also participated

sharing global use cases and discussing challenges in deploying Artificial Intelligence (AI) in emerging markets

Advancing Digital Transformation for Financial Inclusion

Central Bank Each MasterTalk session is dedicated to a specific theme related to the digital transformation

of the banking sector, aiming to enhance access to banking services for all segments of society

Discussions highlighted the role of emerging technologies and AI tools in improving both financial

and non-financial services, particularly for MSMEs and financially excluded individuals, enabling

them to meet their diverse financial needs The sessions emphasized the importance of leveraging

digital banking solutions to modernize the sector, streamline operations, and create innovative

solutions that support Egypt’s vision of inclusive economic growth

Promoting Innovation and Capacity Building in Egypt’s Banking Sector

This initiative reflects the Central Bank and EBRD’s commitment to fostering banking sector innovation

capacity building, and promoting inclusive and sustainable financial growth As part of these efforts

the CBE continues to prioritize financial inclusion in line with Egypt’s Vision 2030, focusing on expanding

access to banking services and economic empowerment of citizens through digital financial solutions

The results of these initiatives are evident as of June 2025, the financial inclusion rate in Egypt

reached 76.3%, representing a 214% increase since 2016. Similarly, lending portfolios directed to

MSMEs have grown by 395% over the same period

Central Bank: Driving Sustainable Financial Growth

Egypt, a founding member of the EBRD, has benefited from over EUR 13.5 billion in investments

across 206 projects since the Central Bank began operations in 2012. This long-term partnership highlights

Egypt’s commitment to financial sector innovation, inclusive growth, and the adoption of digital

solutions in banking The MasterTalks series marks a significant step toward fostering financial inclusion

technological innovation, and sustainable growth in Egypt’s banking sector, providing a model for other

emerging markets to follow