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Souhoola Opens New Branch at Arkan and Expands Its Financing Services

Thursday 10 September 2026 07:28
Souhoola Opens New Branch at Arkan and Expands Its Financing Services

Souhoola Consumer Finance Company announced the opening of its new branch at Arkan – Sheikh Zayed on September 10, 2026, as part of its ongoing plan to expand its branch network and strengthen its presence in key areas witnessing growing customer demand.

The opening of the new branch reflects Souhoola’s focus on expanding its service points, providing customers across West Greater Cairo with easier access to the consumer financing solutions offered by the company. The new branch combines digital services with an in-person presence to deliver an integrated experience tailored to customers’ diverse needs.

Souhoola continues to enhance its financing services and solutions with the aim of simplifying the customer journey and providing flexible purchasing and installment options, while also expanding its network of merchants and partners across various sectors. This enables customers to benefit from a wide range of financing solutions when purchasing products or services that meet their everyday needs.

The opening of the Arkan branch will feature a range of exclusive offers in collaboration with a number of merchants at Arkan Mall. Customers will be able to benefit from six-month installment plans with no down payment, interest, or administrative fees, in addition to exclusive gifts and shopping vouchers for visitors celebrating the opening of the new branch. The opening offers will also include 10% cashback on the U-Learn program throughout September, supporting educational needs and providing customers with additional benefits.

Commenting on the occasion, Ahmed El-Shanawany, CEO of Souhoola, said:

"The opening of our new branch at Arkan represents a natural extension of our vision to expand our reach and bring Souhoola’s services closer to customers in the places where they live, work, and spend their time. With every step we take in our expansion journey, we strive to ensure that our presence is closer and more effective—not only by making our services more accessible, but also by delivering an integrated experience that combines accessibility, speed of service, and financing solutions tailored to the diverse needs of our customers."

He added: "The opening of the Arkan branch enables us to strengthen our presence in West Cairo and engage directly with a broader customer base. We also continue to expand our network of merchants and partners and provide customers with more options, supporting our vision of making financing easier and more flexible throughout the purchasing journey and across Souhoola’s diverse financing programs."

The new Souhoola branch is located at Unit AY-222, Ground Floor – AVENUE, Arkan 2, Sheikh Zayed City, Giza Governorate.

It is worth noting that Souhoola Consumer Finance Company was established in 2019, with a capital of up to EGP 400 million, and currently serves a customer base of more than 400,000 active customers. Souhoola’s mission is to provide innovative financial solutions powered by modern technology, contributing to financial inclusion and offering easier and more flexible financing services to the Egyptian community.

Since its establishment, Souhoola has continued to achieve strong growth in its customer base, which has increased more than fourfold, reflecting growing customer confidence in the solutions and services offered by the company.