Hossam Mounir

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CBE to launch $1bn tender for local treasury bills in US currency

The Central Bank of Egypt (CBE) will launch a tender for local…

Hossam Mounir

CBE to discuss EGP interest rate fate for first time in 2024

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…

Hossam Mounir

Egypt’s Ministry of Finance to issue EGP 540.25bn worth of T-bills, bonds in February

The Ministry of Finance plans to launch 25 auctions for treasury bills…

Hossam Mounir

Five banks finance over 210,000 projects with EGP 27.8bn under ‘Mashrou’ak’ initiative

Banks are NBE, Banque Msir, Banque du Caire, HDB, and ABE

Hossam Mounir

ADCB collaborates with UNIDO to support green growth in Egypt

Abu Dhabi Commercial Bank Egypt (ADCB) has joined the Inclusive Green Growth…

Hossam Mounir

Abu Dhabi Islamic Finance’s Arzaq gets licence to open 13 branches in 10 Egyptian governorates

Arzaq, a microfinance company owned by Abu Dhabi Islamic Bank Egypt, has…

Hossam Mounir

ABE reports impressive growth in business results for 2023

Loan portfolio increases to EGP 78.8bn, benefiting 543,177 customers with 23% growth

Hossam Mounir

CBE reconstitutes five main committees affiliated with Board of Directors

They are monetary policy, management, audit, capital markets, banking development committees

Hossam Mounir

CIB, MFF cooperate to provide mortgage finance for low- and middle-income groups

The Commercial International Bank (CIB) and the Social Housing and Mortgage Finance…

Hossam Mounir

Annual headline urban inflation slows down for third consecutive month: CBE

Inflation drops to 33.7% in December 2023 from 34.6% in November 2023

Hossam Mounir