Hossam Mounir

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National Bank of Egypt, Banque Misr offer EGP 3bn syndicated loans to civil aviation sector

Loans directed to finance developing Saint Catherine and Sphinx airports

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Hazem Hegazy named CEO of Al Baraka Bank Egypt subject to Central Bank approval

Hegazy has more than 30 years of experience in banking sector, especially…

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Banking alliance arranges syndicated loan of EGP 4bn for Electricity Transmission Company

Banking alliance consists of NBE, CIB, Banque du Caire, and NBK

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Banks warn against fraudulent practices following Banque Misr phishing incidents

Social media reports alleged that fraudsters claiming to be Banque Misr employees…

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Islamic banking in Egypt valued at EGP 390bn in June 2021

Islamic banking accounts for 5.1% of Egyptian market size

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Housing and Development Bank achieves 10.8% PBT growth to EGP 1.45bn in H1 2021

Bank continues to achieve positive growth due to continuous support of development,…

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Egyptian remittances record 13 % growth to $28.5bn in 11 months: CBE

The Central Bank of Egypt (CBE) has revealed that remittances from Egyptians…

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Central Bank of Egypt justifies inflation hike during July 2021

Egypt’s annual headline urban inflation increased to 5.4% in July 2021, compared…

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Central Bank of Egypt receives 33 bids worth €792m for euro-denominated T-bills

CBE accepts 27 offers, worth €622m, with average interest of 1.396

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