UAE Central Bank Unveils Five-Pillar Banking Resilience Package Against Iran Fallout
The Central Bank of the UAE has approved a five-pillar resilience package giving banks access to reserves, liquidity facilities and capital-buffer relief as the Iran conflict weighs on the Gulf.
MENA Fintech Market Set to Nearly Double as Tokenized Wallets Surge
Digital payments accounted for more than 54 per cent of the MENA fintech market in 2025, supported by the rapid proliferation of mobile wallets and merchant-acquiring incentives.
S&P Warns of $307 Billion Deposit Flight from Gulf Banks
Gulf banks could face domestic deposit outflows of $307 billion if the Middle East conflict deepens further, S&P Global Ratings warned this week in an assessment of banks across the six-nation Gulf Cooperation Council.
Egypt to IPO or Sell Stakes in 20 State Firms Including Banque du Caire, AlexBank
Egypt's government plans to IPO or sell stakes in at least 20 state-owned enterprises, including Banque du Caire and Alex Bank, as part of a push to raise $3-4 billion in inflows by year-end. A government source said timelines would be finalised immediately after the Eid El Fitr break.
CIB Egypt Reappoints Hisham Ezz Al-Arab as CEO for Three-Year Term and Approves Capital Increase at March 2026 General Assembly
CIB Egypt's Ordinary General Assembly reappointed Hisham Ezz Al-Arab as CEO for March 2026–March 2029 and approved a capital increase from EGP 33.779bn to EGP 34.051bn.
National Bank of Egypt Appoints Sherif El-Beheiry as CEO of UAE Operations
National Bank of Egypt has appointed Sherif El-Beheiry as CEO of its UAE operations, the bank announced in March 2026; El-Beheiry previously led Egypt for Digital Innovation, Banque Misr's digital banking arm.
Egypt's FRA Welcomes Lumin Soft to Fintech Sandbox
Lumin Soft has secured preliminary approval from Egypt's Financial Regulatory Authority to join its Fintech Regulatory Sandbox, the third company to receive such approval since the sandbox's launch.
Egypt's Valu Posts EGP 5.6 Billion Revenue in FY2025, Up 71% Year-on-Year
Valu reported FY2025 gross revenues of EGP 5.6bn, up 71% YoY, with net income rising 81% to EGP 764m in its first full-year results since its June 2025 EGX listing.
Egypt's Fawry Reports FY2025 Results with Revenue Up 57% to EGP 8.65 Billion
Cairo-listed Fawry posted FY2025 revenue of EGP 8.65 billion, up 57%, and net profit of EGP 2.89 billion, up nearly 80%, backed by 54.8 million monthly active users.
Arab Bank Launches Updated Sustainable Finance Framework Covering Transition Finance
Arab Bank's revised Sustainable Finance Framework, launched in February 2026, adds transition finance for high-emitting industries alongside green and social bond categories.
S&P Global Projects Middle East Sustainable Bond Issuance to Reach $20–25 Billion in 2026
S&P Global forecasts Middle East sustainable bond issuance of $20–25 billion in 2026, after Saudi Arabia and the UAE drove 80% of the region's 2025 supply.
Egypt's Financial Regulatory Authority Mandates Carbon Offsetting for Large Non-Banking Firms
Egypt's FRA requires non-banking financial firms with capital above EGP 100 million to measure emissions and offset 20% via the carbon market, under rules announced in February 2026.