Hossam Mounir

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CBE withdraws EGP 947.1bn from banks in open market operations at 27.75% interest rate

The Central Bank of Egypt (CBE) withdrew EGP 947.1bn from 32 banks…

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Banks, financing companies inject EGP 70.6bn into low-income housing initiative by June 2024

The Social Housing and Mortgage Finance Fund recently disclosed that banks and…

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Investment banks predict CBE to maintain unchanged rates for second consecutive meeting

Analysts anticipate unchanged rates amidst decreasing inflation

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CBE explains reasons for decline in June inflation

Annual urban headline inflation continued its downward trend, registering 27.5% in June…

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ABE loan portfolio reaches EGP 75.27bn in June 2024

Bank funds 208 major companies with EGP 16.5bn to boost agricultural investment

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Egypt’s inflation drops to lowest level since January 2023: CBE

Egyptian market awaits interest rate decision next Thursday

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Finance Ministry plans to launch six T-bill, bond auctions totalling EGP 143bn in July

The Ministry of Finance has announced its intention to launch six Treasury…

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CBE reports record growth of $11.2bn in Egypt’s international reserves in 2024

The Central Bank of Egypt (CBE) has reported a significant rise in…

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Egyptian remittances increase to $2.7bn in May 2024: CBE

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

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