The Central Bank of Egypt (CBE) and the Ministry of Higher Education and Scientific Research announced Thursday new partnerships with Cairo and Sohag Universities to launch a Bachelor's degree in Banking Sciences, starting in the 2025/2026 academic year. The agreements were signed during an official ceremony held at the CBE's headquarters, attended by Governor Hassan Abdalla and Minister of Higher Education Ayman Ashour. The deals expand the newly introduced banking sciences programme, which aims to equip students with practical and academic skills aligned with the evolving needs of the banking and financial sectors. "This initiative is about more than education—it's about preparing a new generation to lead Egypt's banking future," Abdalla said. He added that partnering with Cairo University strengthens the programme's academic credibility, while Sohag University's inclusion supports the government's drive to extend quality education to Upper Egypt. The programme, introduced last week in collaboration with the Egyptian Banking Institute (EBI)—the training arm of the CBE—is part of a broader effort to align university curricula with labour market demands. It is designed to create a pipeline of highly skilled graduates ready to contribute to both local and regional financial markets. "This reflects our commitment to building national capabilities and accelerating economic development," Minister Ashour said, emphasising the strategic importance of the partnership between higher education institutions and the central bank. The agreement was signed by Abdel Aziz Nossier, EBI Executive Director, Lobna Mohamed Farid, Dean of the Faculty of Commerce at Cairo University, and Mohamed El-Sayed El-Saghir, Dean of the Faculty of Commerce at Sohag University. The new academic track is expected to launch in several universities across the country over the coming years, as Egypt positions itself as a regional hub for financial services talent. Attribution: Amwal Al Ghad English