Hossam Mounir

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FAB rebrands itself as ‘FABMISR’ following legal merger with Bank Audi Egypt

System integration under the new identity is expected to conclude in 4Q…

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saib achieves 46% growth in net profit at $7.68m in 1Q 2022

Bank expands its branch network to 36 branches, aims to add five…

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Misr Insurance wins bid to insure properties, finances of Nasser Social Bank for SME owners

The move is part of the bank’s efforts to diversify its financial…

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Legal merger between FAB and Audi – Egypt concludes

From now on, the two banks will be treated as one legal…

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CBE receives 23 offers worth $565.1m to cover dollar-denominated T-bill issuance

Proceeds of issuance to pay off previous bid that was put forward…

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HSBC pledges EGP 1bn in loans for tech entrepreneurs

New pledge is HSBC’s third high growth SME lending proposition in 6…

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Egypt’s net international reserves cover five-month commodity imports: CBE

Net international reserves reaches $35.495bn in May 2022

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Finance Ministry plans to issue 28 T-bill, bond bids worth EGP 196bn in June

16 T-bill bids worth EGP 171bn and 12 bond bids worth EGP…

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Egypt’s external debt registers $145.5bn in December 2021

Long-term debt accounts for 91.2% ($132.7bn) of total external debt

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CBE to issue $540m worth treasury bills on Monday

New issuance’s proceeds will be pay off previous bid that was put…

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