Hossam Mounir

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CIB Egypt achieves exponential growth in online banking services

CIB records 116% increase in mobile banking transactions, 34% increase in online…

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Housing and Development Bank launches new service targeting wealthy clients

Bank’s profit before tax increases 10.8% y-o-y, recording EGP 1.45bn in FY…

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Egyptian remittances record $31.4bn in FY 2020/21: CBE

Remittances grow by 13.2% over last year

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Pundits expect Central Bank to keep interest rate unchanged in 6th monetary policy meeting for 2021

MPC decided, on 5 August, to maintain basic interest rates with CBE,…

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Misr Capital receives purchase, redemption orders for its debt instrument investment fund

Fund has been oversubscribed 2.4 times, with value of EGP 243m

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Egypt’s trade deficit decreases by 27.8 % in June

Egypt's trade deficit dropped by 27.8% in June 2021 to reach $2.49bn,…

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To mark Farmer’s Day, Agricultural Bank offers new facilities in ‘Bab Rizq’ microfinance programme

Bank plans to expand branch network to 2,000 branches over 5 years:…

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Mashreq Bank Egypt appoints Ragia Samir as senior vice president, marketing head

Bank opens new representative office in Shanghai, China

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Arkan Palm receives EGP 1.5bn bank finance for 1st phase of ‘205’ real estate project

Five banks partner to provide financing, including Export Development Bank of Egypt,…

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Egypt sees 1 billion electronic banking transactions worth over EGP 2.8trn in FY 2020/21: CBE

CBE initiative for electronic payment has contributed to increasing POS terminals to…

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