Hossam Mounir

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Egypt’s external debt declines to $160.607bn in March 2024: CBE

The Central Bank of Egypt (CBE) on Tuesday reported a decrease in…

Hossam Mounir

Banks report strong Q1 2024 profits in Egypt despite economic challenges

Banks' net profits reach EGP 156.223bn in Q1 2024: CBE

Hossam Mounir

MSMEDA finances 2 million micro, small projects with EGP 51.2bn in 10 years

Basel Rahmi, CEO of the Micro, Small and Medium Enterprise Development Agency…

Hossam Mounir

Finance Ministry to launch 6 T-bill, bond auctions of EGP 143bn early July

The Ministry of Finance has announced its intention to issue six auctions…

Hossam Mounir

Islamic banking turnover in Egypt reaches EGP 701bn in March 2024

Faisal Islamic Bank of Egypt ranks first among Islamic banks in Egypt…

Hossam Mounir

Financial position of banks in Egypt increases to EGP 15.429trn in February 2024: CBE

Customer deposits in banks jump to EGP 10.617trn, credit facilities rise to…

Hossam Mounir

Egypt’s foreign trade reaches $51.555bn in H1 FY 2023/24

Imports record $35.106bn, exports reach $16.449bn

Hossam Mounir

FRA discloses non-banking finance volume for Q1 2024

The Financial Regulatory Authority (FRA) has released figures for non-banking finance at…

Hossam Mounir

Egypt’s top 100 borrowers hold EGP 821bn in credit facilities: CBE

Construction sector leads with a 22.2% share of total facilities

Hossam Mounir