Hossam Mounir

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CBE poised to cut interest rates as inflation cools

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…

Hossam Mounir

Egyptian expat remittances surge to $20bn in first 7 months of FY2024/25: CBE

The Central Bank of Egypt (CBE) has announced that remittances from Egyptians…

Hossam Mounir

Egypt repays $7.95bn in external debt over three months: CBE

The Central Bank of Egypt (CBE) announced that Egypt repaid $7.952bn in…

Hossam Mounir

CBE to launch phase two of remittance digitization project with 12 participating banks

The Central Bank of Egypt (CBE) has announced preparations for the second…

Hossam Mounir

Interbank EGP transactions via RTGS near EGP 69trn in Q1 2025: CBE

The Central Bank of Egypt (CBE) announced that the total value of…

Hossam Mounir

Egyptian banks offer fee-waived, no-minimum accounts through April for financial inclusion drive

In celebration of Arab Financial Inclusion Day, the Central Bank of Egypt…

Hossam Mounir

Egypt’s net international reserves climb to $47.76bn in March 2025: CBE

Egypt’s net international reserves rose to $47.757bn in March 2025, up from…

Hossam Mounir

US dollar surges EGP 0.53 at Sunday close

The official exchange rate of the US dollar at the Central Bank…

Hossam Mounir

Net foreign assets in Egypt’s banking sector rise by $1.5bn in February 2025

The Central Bank of Egypt (CBE) announced that net foreign assets within…

Hossam Mounir

Financial position of banks operating in Egypt reaches EGP 20.799trn in 2024

The Central Bank of Egypt (CBE) announced that the total financial position…

Hossam Mounir