Hossam Mounir

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Volume of Islamic banking in Egypt increased to EGP 434bn in March

Faisal Bank came in first place with a turnover worth EGP 137bn

Shaimaa Raafat

22.2% increase in Egypt’s exports to country groupings in 2021: CAPMAS

Egypt’s exports to the Arab Free Trade Area came in the first…

Hossam Mounir

Egypt’s HDB records 7.8% growth, total profits of EGP 878m in 1Q 2022

Chairperson says plans for growth, development of HDB lead to rapid growth…

Hossam Mounir

Zed East SC signs medium-term financing contract worth EGP 700m with CIB

Zed East Sports Club project to be established on the land of…

Hossam Mounir

Al-Ahly Capital Holding, Suez Industrial Development partner to develop integrated industrial zone in Abu Rawash

The agreement includes Suez Industrial Development acquiring 25% of Al-Ahly Industrial Development

Hossam Mounir

CBE directs increasing banks’ contributions in Decent Life initiative

Banks inject EGP 826m in finance to 17,000 small, micro enterprises within…

Hossam Mounir

We are working to increase trade exchange between small enterprises in Egypt and Africa: Trade Minister

Breaking into the African market is one of the most important axes…

Hossam Mounir

ABE Chairperson, New Valley Governor open recently developed bank branch in Kharga

ABE’s top priority is to support financial inclusion, in implementation of CBE’s…

Hossam Mounir

CBE explains its reasoning for raising interest rates by 2%

MPC decided that raising policy rates is necessary to contain inflationary pressures,…

Hossam Mounir