The Banky bulletin reviews the top stories in the banking sector. Tarek El-Khouly, Deputy Governor of the Central Bank of Egypt (CBE), said the number of micro, small and medium-sized enterprises in Egypt has reached 3.858 million, providing about 12.5 million jobs. Meanwhile, the CBE and the Central Bank of the UAE renewed their currency swap agreement worth AED 5 billion for 5 years. Here are the details.

Tarek El-Khouly: 3.858 million micro, small and medium-sized enterprises provide 12.5 million jobs

Tarek El-Khouly, Deputy Governor of the Central Bank of Egypt, said the number of medium, small and micro enterprises in Egypt has reached about 3.858 million, with micro enterprises accounting for about 80% of them. These enterprises provide jobs for about 12.5 million people.

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CBE and its UAE counterpart renew AED 5 billion currency swap agreement for 5 years

The Central Bank of the UAE and the Central Bank of Egypt renewed their currency swap agreement between the UAE dirham and the Egyptian pound at a signing ceremony held at the UAE central bank's headquarters today.

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CBE updates due diligence procedures for customers of financial inclusion products and services

The Board of Trustees of the Money Laundering and Terrorist Financing Combating Unit approved a new edition of the due diligence procedures for customers of financial inclusion products and services in September 2026, replacing the previous edition issued by the unit in March 2020.

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Bank NXT signs EGP 2.1 billion credit facility with Ezz Elarab Elsewedy Investments

Bank NXT, a leading bank in Egypt specialising in integrated banking solutions for individuals and corporates, announced the signing of a credit facility agreement worth EGP 2.1 billion with Ezz Elarab Elsewedy Investments. The facility will finance investments at Ezz Elarab Elsewedy Automotive Factories and the establishment of a new automotive paint plant, as part of the Ezz Elarab - Elsewedy Group's plans for industrial expansion and to strengthen its production capacity.

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Banking sector accounts for 8.45% of Egyptian Exchange turnover in Tuesday's September 29 session; trading exceeds EGP 588 million

The banking sector saw notable activity in the Tuesday, September 29, 2026 session, accounting for 8.45% of total trading value on the Egyptian Exchange, with turnover of about EGP 588.17 million.

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That concludes the Banky bulletin. Join us tomorrow for a new bulletin and exclusive coverage of the latest and most important news from the banking and financial scene.