Hossam Mounir

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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

Egypt’s microfinance sector approaches EGP 100bn in 2024: MSMEF

Mona Zulficar, Chairperson of the Egyptian Federation for Financing Medium, Small, and…

Hossam Mounir

Microfinance companies inject EGP 80.4bn into MSMEs in January 2025: FRA

The Financial Regulatory Authority (FRA) has reported that licenced microfinance companies and…

Hossam Mounir

Annual urban inflation drops sharply to 12.8% in February 2025: CBE

Egypt’s annual urban headline inflation fell significantly to 12.8% in February 2025,…

Hossam Mounir

CBE reports EGP 133.4bn in net profits for February 2025

The Central Bank of Egypt (CBE) recorded a net profit of EGP…

Hossam Mounir

MSMEDA provides EGP 11.9bn in funding for 574,349 small, micro projects in northern Upper Egypt

Basil Rahmy, CEO of the Micro, Small, and Medium Enterprises Development Agency…

Hossam Mounir

Egyptian banks report record profits of EGP 534.8bn in 2024

Banks operating in the Egyptian market recorded net profits of EGP 534.8bn…

Hossam Mounir

FRA approves fintech integration for 8 non-banking financial, brokerage firms

The Financial Regulatory Authority’s (FRA) fintech committee has approved the integration of…

Hossam Mounir