With many obstacles facing women s financial inclusion in the Middle East and North Africa (MENA) region, addressing them is a key priority for the Egyptian government. In an interview, Hussein Abaza, CEO and managing director of CIB discusses how Egypt s financial sector has taken steps to promote gender equality and women s economic empowerment in the country.
Sustainable finance is growing rapidly in the MENA region. With more countries entering the green bond market in recent years and global green bond investment set to double and reach $$1 trillion for the first time in a single year by the end of 2022, tackling the climate crisis is top of everyone’s agenda. CIB CEO and managing director Hussein Abaza discusses the opportunities for the MENA region to advance sustainability practices.
E-commerce and FMCG are driving activity at Egypt’s Commercial International Bank (CIB) while technological improvements remain a priority, according to CEO Hussein Abaza.
Environmental, social and governance considerations have been a strategic focus for CIB for quite a few years, pushing the Egyptian lender to the forefront of the regional banking industry s embrace of ESG issues. In an interview, CIB CEO Hussein Abaza, explains the importance of these issues to the bank and how this is reflected across its operations and businesses.
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