Hossam Mounir

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FRA grants EGX first licence to operate derivatives trading

The Financial Regulatory Authority (FRA), chaired by Mohamed Farid, has granted the…

Hossam Mounir

Sky Ports invests $50m to build cement storage silos at East Port Said multi-purpose terminal

Port Said – Sky Ports Group for Shipping and Stevedoring has announced…

Hossam Mounir

Annual urban inflation in Egypt stabilises at 12.3% in December 2025

The Central Agency for Public Mobilisation and Statistics (CAPMAS) announced that the…

Hossam Mounir

Banking sector’s local liquidity rises to EGP 13.85trn in November 2025

The Central Bank of Egypt (CBE) reported an increase in local liquidity…

Hossam Mounir

Egypt’s net international reserves rise by $4.3bn in 2025

Egypt’s net international reserves increased by approximately $4.343bn during 2025, reaching $51.452bn…

Hossam Mounir

Banking sector’s net foreign assets rise to $23.73bn in November 2025: CBE

The Central Bank of Egypt (CBE) reported that the net foreign assets…

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Banks’ aggregate financial position in Egypt rises to EGP 25.37trn in September 2025

The Central Bank of Egypt (CBE) said the aggregate financial position of…

Hossam Mounir

CBE, Afreximbank sign MoU to launch pan-African Gold Bank programme in Egypt

The Central Bank of Egypt (CBE) and the African Export–Import Bank (Afreximbank)…

Hossam Mounir

Banks in Egypt record net profits of EGP 433.8bn in Q3 2025

Banks operating in the Egyptian market recorded net profits of EGP 433.772bn…

Hossam Mounir

Egyptian market awaits impact of 1% rate cut on savings returns, loans and debt instruments

The Egyptian market is awaiting banks’ return to business, Sunday, following the…

Hossam Mounir