Monitoring Reports
Women on Boards Annual Monitoring Report 2025
The 8th edition of the Women on Boards Annual Monitoring Report covering the year 2025 is considered a turning point since the inception of the report, due to the growth slowdown of the WoB indicator for the second consecutive year, as it recorded 24.8% in 2025 compared to 24.3% in 2024 to mark a slight positive growth rate of 2.1%, therefore, the indicator has to realize 5.2% to achieve the national goal of 30% women on boards by 2030.
The Non-Banking Financial Services (NBFS) sector is the leading sector and the closest to achieve 2030 goal. It recorded the highest representation of women on boards among the four partners, reaching 26.9% in 2025 with a positive growth
rate of 1.8% in comparison to 2024. It also realized a notable growth in the number of women on boards, reaching 1,236 women in 2025, with an increase of 8.4% compared to 2024. Followed by EGX listed companies, which reached a representation of women on boards of 22.3% with a total number of 451 women on boards, while the banking sector recorded 22.1% reaching a total number of 75 women on boards, and the public enterprise sector stood at 11.8% with only 39 women on boards.
The banking sector achieved a new milestone in 2025, as all banks have at least one woman on their boards, while companies with Zero WoB remained low in EGX at 4.6% and NBFS at 9.8%, but high in the public enterprise sector at 52.9%.
The annual estimated gap to reach 2030 goal in companies and banks increased from 67 women in 2024 to reach 77 women in 2025, in which EGX needs to place 31 women on listed companies’ boards, followed by the NBFS which needs to
introduce 29 women to companies’ boards, while companies of the public sector enterprise and banks need to include 12 and five women in their boards, respectively.
Women on Boards Annual Monitoring Report 2024
According to the 2024 annual monitoring report, which is the seventh report issued by the AUC Women on Board Observatory, the WoB (Women on Boards) indicator recorded 24.3%, marking an increment of 1% in comparison to 2023 and a growth rate of 4.7%. The overall WoB indicator has more than doubled in five years, increasing from 10% in 2019 to 24.3%, its highest level, in 2024.
The WoB indicator progressed positively on an annual basis, increasing substantially from 10% in 2019 to 13% in 2020 and finally to 24.3% in 2024. The WoB indicator is left with an overall 5.7% to be achieved in the upcoming six years in order to meet the 30% goal.
The non-banking financial sector (NBFS) is still leading by the number of companies, the number of women on boards and women on board’s representation. The WoB percentage achieved in NBFS increased by an increment of 1.2% in 2024 and marking a representation of 26.4% in 2024 versus 25.2% in 2023. The NBFS is still the closest to achieving the 30% goal before 2030, followed by EGX-listed companies, marking a WoB representation of 22%, the banking sector at 18.8% and the public enterprise sector at 12.2%. All partners have shown almost no change in terms of WoB representation, except for the NBFS, which increased by a 4.8% growth rate in one year. Therefore, the overall WoB indicator could be mainly attributed to the positive growth observed in women on boards’ representation in the non-banking financial sector in 2024.
Full English Report, Highlights in English, Infographics
Statistical Annex, In Focus: ESG and Gender Diversity on Boards
Full Arabic Report, Highlights in Arabic
Annual Monitoring Report - 2024
According to the latest report from the AUC Women on Board Observatory, the Women on Boards (WoB) indicator reached 24.3% in 2024, reflecting a 1% increase from 2023 and a remarkable 4.7% growth.
Women on Boards Annual Monitoring Report 2023
The 2023 Women on Boards indicator reached its highest level at 23.3%, increasing by 3.7% in one year as per the 2023 Women on Boards annual monitoring report, sixth edition.
The four categories studied, including EGX listed companies, banks, public enterprise companies, and non-banking financial sector companies, achieved progress in the women on board representation, sustaining an average of 3% annual increase pattern, as realized in the past four years. The non-banking financial sector (NBFS) companies are key contributors to the overall indicator with 25.2% women on boards percentage in 2023 compared to 22% in 2022 and with a growth rate of 15%. The EGX listed companies also observed an improvement, reaching 21.7% in 2023 compared to 17.3% in 2022 and marking a growth of 25%. The banking sector women on boards percentage also increased from 16.5% in 2022 to 18.7% in 2023, with a growth rate of 13.2%. Finally, the public enterprise sector improved, reaching 12% in 2023 compared to 9.3% in 2022 and marking a growth rate of 29%.
Maintaining the 3% increase, annually, will enable the overall women on boards indicator to reach the 2030 goal of 30% women on boards by 2026.
Annual Monitoring Report -2023
The 2023 women on boards indicator reached 23.3% compared to 19.7% in 2022, increasing by a growth rate of 18%, and achieving a 3.7% increase in the overall women on boards indicator.
Women on Boards Monitoring Report 2022
Egypt Women on Boards annual monitoring report 2022 results marked another milestone in achieving the 30% women on boards goal. The 2022 women on boards indicator reached 19.7%, witnessing an increase of 3% compared to 16.7% in 2021. Sustaining the 3% annual increase pattern achieved in the past three years will enable the analyzed categories to reach the 2030 strategy goal of 30% women on boards by 2026.
2022 Women on Boards Observatory Annual Monitoring Report
Egypt Women on Boards annual monitoring report 2022 results marked another milestone in achieving the 30% women on boards goal.
Women on Boards Monitoring Report 2021
The 2021 Women on Boards (WoB) indicator reached 16.7%, achieving a significant improvement in comparison to 13% in 2020, marking a growth rate of 28.5% in one year. Sustaining the 3% annual increase achieved in the past two years will enable the analyzed categories to reach the 2030 strategy goal of 30% women on boards by 2026.
2021 Women on Boards Observatory Annual Monitoring Report
The 2021 monitoring report covers data and information based on November 2021 data for the following categories: EGX listed companies, the banking sector, the public enterprise sector and the financial regulatory authority (non-banking financial sector).
Women on Boards Monitoring Report 2020
The 2020 annual monitoring report contains the analyzed data of the Egyptian Exchange (EGX) listed companies, the banking sector, public enterprise companies, and the Financial Regulatory Authority (FRA) companies. The women on boards indicator have significantly improved from 10 percent in 2019 to 13 percent in 2020, reflecting an improvement towards achieving Egypt’s vision 2030 and Sustainable Development Goals (SDGs).
2020 Women on Boards Observatory Annual Monitoring Report
The 2020 annual monitoring report contains the analyzed data of the Egyptian Exchange (EGX) listed companies, the banking sector, public enterprise companies and the Financial Regulatory Authority (FRA) companies.
Women on Boards Monitoring Report 2019
The Women on Boards Annual Monitoring report for 2019 comes as the second annual report issued by the Women on Boards Observatory. The report serves as a monitoring and tracking tool, measuring the representation of women on the boards of companies and banks in Egypt. The 2019 report consists of analyzed data and information collected for the banking sector, the public enterprise sector, EGX listed companies, and the Financial Regulatory Authority (FRA) companies.
2019 Women on Boards Observatory Annual Monitoring Report
This year’s indicator for women on boards in Egypt was revealed to be a 10% representation among a total number of 5,707 board members in the included categories.
Women on Boards Monitoring Report 2018
In the latest monitoring report, the gap of women on boards in particular sectors was disclosed, with banks leading with 11.4%, followed by listed companies 10.2% and public enterprise companies 8.3%.
The report provides a snapshot of the representation of women on boards in listed companies, the banking sector and the public enterprise sector in Egypt. The report also includes a simple indicator for women on boards in Egypt and identifies the gap of women on boards in each sector to reach the target of the 2030 strategy.
2018 Women on Boards Observatory Annual Monitoring Report
The report includes a simple indicator for women on boards in Egypt and identifies the gap of women on boards in each sector to reach the target of the 2030 strategy.
