Hossam Mounir

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Non-bank financing for MSMEs jumps to EGP 91.4bn in August 2025: FRA

The Financial Regulatory Authority (FRA) has announced that the total volume of…

Hossam Mounir

Suez Canal Bank leads EGP 4.5bn syndicated loan for Madkour infrastructure project

A banking alliance led by Suez Canal Bank has signed a joint…

Hossam Mounir

HSBC to review retail banking business in Egypt

HSBC Egypt announced that its parent company, HSBC Holdings plc (HSBC Group),…

Hossam Mounir

NBE inaugurates first branch in Saudi Arabia

The National Bank of Egypt (NBE) has announced the inauguration of its…

Hossam Mounir

CBE’s net foreign assets exceed $11bn in September 2025

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

Hossam Mounir

Egypt’s international reserves climb to $49.53bn in September: CBE

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

Hossam Mounir

Market eyes impact of CBE’s 1% rate cut on yields of savings products, loans, and government debt

The market is preparing for the reopening of banks on Sunday, following…

Hossam Mounir

Non-banking financial activities reach EGP 773bn in July 2025: FRA

The Financial Regulatory Authority (FRA) announced on Saturday that the total size…

Hossam Mounir

Foreign assets in Egypt’s banking sector record $17.88bn in August 2025

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

Hossam Mounir