Egypt's banks set for 4-day holiday

Ahram Online , Sunday 16 Jul 2023

The Central Bank of Egypt (CBE) announced on Sunday a four-day holiday to celebrate the Islamic (Hijri) New Year and the anniversary of the 23 July Revolution.

The Central Bank of Egypt (CBE) headquarters, Cairo, Egypt. AP


The holiday will start on Thursday, 20 July and conclude on Sunday, 23 July, with normal banking operations resuming on Monday, 24 July.

This move aligns with the government's practice of shifting certain weekday public holidays to Thursdays since 2020, enabling citizens to enjoy a festive extended weekend.

The 1445th year of the Hijri Calendar begins on Wednesday. The calendar determines the date of significant religious events such as the holy month of Ramadan and the Hajj pilgrimage.

The 23rd of July commemorates Egypt’s 1952 Revolution, a defining moment that marked the end of the monarchy and the establishment of a republic.

Thursday through Sunday will also be a public holiday for public employees.

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