Hossam Mounir

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Major global central banks keep interest rates unchanged, CBE decision next Thursday in focus

Market indicates that CBE’s meeting will come with no surprises as inflation…

Hossam Mounir

How does CBE account for decline in core inflation for fifth consecutive month?

Annual core inflation records 35.9% in November, down from 38.1% in October…

Hossam Mounir

Egypt’s annual core inflation declines to 35.9% in November 2023: CBE

Annual urban inflation drops to 34.6% in November 2023: CAPMAS

Hossam Mounir

MSMEDA bolsters cooperation with Arab, African nations to aid entrepreneurs, says CEO Rahmi

Agency issues statement at summit for African ministers overseeing emerging enterprises

Hossam Mounir

CBE reports $1.2bn rise in net international reserves since January 2023

Net international reserves reach $35.173bn in November, up from $34.003bn at 2022…

Hossam Mounir

Banking expert advises against new high-yield savings certificates

Interest rate hikes deemed detrimental to economy, inflation goals, says Abdel-Aal

Hossam Mounir

CBE unveils key banking indicators up to August 2023

Customer deposits climb to EGP 9.719trn, with household sector holding 75.4%

Hossam Mounir

IFC provides $50m Murabaha finance to Al Baraka Bank to support SMEs, women entrepreneurs in Egypt

The International Finance Corporation (IFC) announced on Monday a partnership with Al…

Hossam Mounir

MSMEDA updates its strategic work plan for the coming years: Rahmi

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

Hossam Mounir

MSMEDA finances 1.9 million small, micro-projects with EGP 48.3bn in President Al-Sisi’s tenure

The Micro, Small, and Medium Enterprise Development Agency (MSMEDA) has increased its…

Hossam Mounir