Skip to main content
Business Day Calculator

Business Days in May 2023 for Egypt

May 2023 has 23 working days under the Egyptian national holiday calendar. May 2023 contains no Egyptian national holidays on a weekday. The month covers 31 calendar days, of which 8 are Friday and Saturday. That count drives invoice cycles, payroll runs, and any contract that defines deadlines as a number of working days in Egypt.

working days

23

Calendar Days

31

Weekend Days

8

public holidays

0

Work Weeks

4.6

May 2023 business day calendar
MonTueWedThuFriSatSun
1
2
3
4
5
wknd
6
wknd
7
8
9
10
11
12
wknd
13
wknd
14
15
16
17
18
19
wknd
20
wknd
21
22
23
24
25
26
wknd
27
wknd
28
29
30
31

public holidays in May 2023

No Egyptian national holidays fall on a weekday in May 2023, so banks and Egypt financial markets keep their regular schedule for the entire month.

Egypt May deadlines

Labour Day (May 1) and Sham El Nessim (variable Monday after Coptic Easter) close banks. ETA monthly VAT for April is due May 31. The CBE Monetary Policy Committee rate decision late May. Q2 financial planning begins.

Day-of-Week Distribution

The count of each weekday in May 2023. Useful for shift scheduling, weekly recurring billing, and any rota that depends on a specific day of the week landing in-month.

DayCount
Monday5
Tuesday5
Wednesday5
Thursday4
Friday4
Saturday4
Sunday4

Egypt reporting cycles and business-day rules

Egyptian business-day cycles align with ETA (Egyptian Tax Authority) monthly VAT returns due by the last day of the following month and quarterly corporate income tax instalments. The Central Bank of Egypt operates the EGP RTGS system on bank business days. The workweek is Sunday through Thursday; weekend is Friday-Saturday under the Labour Law (Law 12 of 2003). EGX (Egyptian Exchange) trades Sunday through Thursday. The Financial Regulatory Authority (FRA) regulates non-banking financial services and listed-entity disclosures. Social Insurance Authority (NOSI) monthly contributions accompany payroll.

May 2023 working days compared by country

Working-day counts vary across countries because each country observes its own public holidays. The table below puts Egypt alongside the other ten supported holiday calendars for May 2023.

How May 2023 compares year over year

May 2022 had 22 working days, so May 2023 has 1 more working day year over year. On the surrounding months, April 2023 has 20 working days and June 2023 has 22. Looking forward, May 2024 has 21 working days under the same Egyptian national holiday calendar.

Using this calculator in Egypt

A Cairo treasury operator uses the 23-day May 2023 count to align Central Bank of Egypt RTGS settlement with ETA (Egyptian Tax Authority) monthly VAT cutoffs at month-end. An Alexandria shipping company uses business-day math to track Suez Canal Authority customs cycles and EGX listed-entity quarterly disclosures. A Giza manufacturing controller uses working-day counts to align Social Insurance Authority (NOSI) monthly contributions and ETA quarterly withholding remittances.

For informational purposes only

This calculator provides general estimates based on business day counting rules. It does not constitute legal advice. Deadlines in legal, regulatory, or contractual matters may be subject to jurisdiction-specific rules, court orders, or statutory exceptions. Always verify critical deadlines with a qualified professional.

Frequently Asked Questions

How many business days are in May 2023 for Egyptian national?
May 2023 has 23 working days under the Egyptian national holiday calendar. The month spans 31 calendar days, of which 8 fall on a weekend and 0 are Egyptian national holidays that lands on a weekday. The remaining 23 weekdays are countable as working days for invoicing, deadline tracking, and contract math.
Which Egypt holidays affect May 2023?
May 2023 contains no Egyptian national holidays that fall on a weekday. Banks, the central clearing system, and Egypt financial markets keep their normal schedule throughout the month under this calculator's national-only holiday set.
Why are there so many Egyptian national holidays?
Egypt observes 16 to 17 public holidays per year, the highest in the Arab world. The calendar combines civil holidays (Revolution Day on January 25, Sinai Liberation Day, Labour Day, June 30 Revolution Day, the 1952 Revolution Day on July 23, Armed Forces Day on October 6), religious holidays from the Islamic lunar calendar (Eid al-Fitr 3 days, Arafat Day, Eid al-Adha 3 days, Islamic New Year, Mawlid al-Nabawi), Coptic Christianity (Coptic Christmas on January 7), and the cultural Sham El Nessim (the Monday after Coptic Easter, dating back to pharaonic times). Many of these close banks, the EGX, and government offices fully.
How are Islamic lunar holidays handled in the calculator?
Egyptian Islamic holidays (Eid al-Fitr, Arafat Day, Eid al-Adha, Islamic New Year, Mawlid al-Nabawi) follow the Hijri (Islamic) lunar calendar and are gazetted by Egyptian Cabinet decree shortly before they fall, based on the official moon sighting by Dar al-Iftaa al-Misriyyah. For years where the official decree has not yet been published, this calculator's data uses astronomical calculations and tags the entries with '(approximate)'. The actual gazetted date may shift by one day from the astronomical prediction. The 2024 Egyptian Cabinet also rationalised some long-weekend bridges by adjusting working days around Sham El Nessim and Sinai Liberation Day.
Why does the business-day count vary year to year?
Two things shift the monthly count for Egypt. First, the day of the week the first of the month lands on changes the count of each weekday. Second, Egyptian national holidays anchored to a fixed date shift their weekday across years. Some years a fixed-date holiday lands on a weekend; some countries shift the observance to an adjacent weekday and some absorb it into the weekend. May 2022 had 22 working days, so May 2023 has 1 more working day year over year.

Related months and resources