Hossam Mounir

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Finance Ministry to issue EGP 728bn in treasury auctions in June

The Ministry of Finance is set to offer 34 treasury bill (T-bill)…

Hossam Mounir

Non-banking finance for MSMEs rises to EGP 84.6bn in March, marking EGP 21.8bn annual growth

The Financial Regulatory Authority (FRA) announced that the total volume of non-banking…

Hossam Mounir

Banks inject EGP 82.1bn into low-income mortgage initiative until April 2025

The Social Housing and Mortgage Finance Fund (SHMFF) has announced that banks…

Hossam Mounir

Private sector lending rises 10.1% in Q1 2025 as inflation eases: CBE

The Central Bank of Egypt (CBE) has announced that local currency loans…

Hossam Mounir

NBE, Banque Misr cut EGP savings rates by 1%, halt USD certificates with local currency payouts

The National Bank of Egypt (NBE) and Banque Misr announced interest rate…

Hossam Mounir

Market eyes effects of 1% interest rate cut on savings, loans, and debt securities

The market is gearing up for the reopening of banks tomorrow, Sunday,…

Hossam Mounir

Banque Misr, ADCB arrange EGP 1.3bn syndicated loan for Palm Hills’ Casa Cook hotel project

A banking consortium led by Banque Misr, in cooperation with Abu Dhabi…

Hossam Mounir

United Bank reports over EGP 1bn in profits for Q1 2025

United Bank has reported standalone pre-tax profits of EGP 1.013bn for the…

Hossam Mounir

CIB partners with Lantern Ventures to boost SME growth

The Commercial International Bank (CIB) has entered into a strategic partnership with…

Hossam Mounir

CBE cuts rates by 1% as inflation pressures ease, growth rebounds

The Central Bank of Egypt (CBE)’s Monetary Policy Committee (MPC) decided last…

Hossam Mounir