Hossam Mounir

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Abu Dhabi Islamic Finance’s Arzaq gets licence to open 13 branches in 10 Egyptian governorates

Arzaq, a microfinance company owned by Abu Dhabi Islamic Bank Egypt, has…

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ABE reports impressive growth in business results for 2023

Loan portfolio increases to EGP 78.8bn, benefiting 543,177 customers with 23% growth

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CBE reconstitutes five main committees affiliated with Board of Directors

They are monetary policy, management, audit, capital markets, banking development committees

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CIB, MFF cooperate to provide mortgage finance for low- and middle-income groups

The Commercial International Bank (CIB) and the Social Housing and Mortgage Finance…

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Annual headline urban inflation slows down for third consecutive month: CBE

Inflation drops to 33.7% in December 2023 from 34.6% in November 2023

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MSMEDA deploys mobile business development units to expand productive clusters in border governorates: Rahmi

Agency keen on contributing effectively to state’s strategy of developing production, industrial…

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Egypt among top remittance recipient countries in 2023: World Bank

Egypt ranks sixth in world, fifth among low, middle-income countries in receiving…

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Egypt’s external debt edges lower to $164.521 in Q1 FY 2023/24

Egypt's external debt burden eased in the first quarter of fiscal year…

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Egypt targets 5% inflation by 2026, government document says

Price stability and lower inflation rates among government’s priorities

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Nasser Social Bank launches new certificate with 20% annual return

Bank also offers investment account with cumulative daily return of 15% annually,…

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