Hossam Mounir

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HDB reports record EGP 8.93bn net profit in H1 2025, up 73.1%

Housing and Development Bank (HDB) recorded unprecedented growth across all business lines…

Hossam Mounir

MSMEDA, Banque du Caire ink EGP 500m agreements to finance 5,300 micro-enterprises

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) and Banque du…

Hossam Mounir

Egypt’s annual urban inflation rate drops to 13.9% in July from 14.9% in June

Egypt’s annual urban inflation rate eased to 13.9% in July, down from…

Hossam Mounir

Egypt to issue €600m Euro-denominated T-bills

The Central Bank of Egypt (CBE) will issue €600m in euro-denominated treasury…

Hossam Mounir

AMF forecasts Egyptian economy to grow 4.7% in 2026

The Arab Monetary Fund (AMF) projects Egypt’s economy will grow by 4.2%…

Hossam Mounir

Egypt’s bank deposit, lending rates fall as monetary easing takes hold

The Central Bank of Egypt (CBE) reported that deposit and lending rates…

Hossam Mounir

Egypt’s net international reserves hit record $49.04bn in July: CBE

The Central Bank of Egypt (CBE) announced on Tuesday that the country’s…

Hossam Mounir

Egypt’s banking sector net foreign assets rise to $14.94bn in June 2025

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

Hossam Mounir

We safeguard resilience of Egypt’s banking sector against potential financial crises: CBE

The Central Bank of Egypt (CBE) has reaffirmed its central responsibility in…

Hossam Mounir

Finance Ministry plans EGP 670bn in T-bill, bond issuances for August

The Ministry of Finance has announced plans to issue a total of…

Hossam Mounir