Skip to main content

Faisal Islamic Bank of Egypt to employ women for first time

As Egyptian women struggle to fight for their professional rights in the banking sector, the Faisal Islamic Bank of Egypt announced for the first time in 38 years that it was willing to employ women.

CAIRO — Ayah Azeb, a 26-year-old graduate of the Faculty of Commerce at Cairo University, is among several women to become employed Aug. 11 by the Faisal Islamic Bank of Egypt (FIBE) in Egypt.

FIBE announced July 31 that it will start appointing women to all of its branches for the first time since the bank was established in 1979 as the first Islamic bank in Egypt by the late Mohammed bin Faisal al-Saud, son of the late Saudi King Faisal bin Abdul Aziz Al Saud.

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.


Only $100 for annual access.