Hossam Mounir

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Al Baraka Bank records EGP 1.59bn in profits in 1H 2023, with 38% growth

Al Baraka Bank has announced that its profits before tax exceeded EGP…

Hossam Mounir

Suez Canal Bank announces 134% increase in net profit to EGP 628m during 1H 2023

Suez Canal Bank’s general assembly approves increasing paid-up capital to EGP 5bn…

Hossam Mounir

CBE to offer T-bills worth €600m Monday

Proceeds to pay for previous tender of €626.9m 

Hossam Mounir

Central Bank of Egypt exchanges its pioneering cybersecurity experience with Ghanaian counterpart

A delegation of the Central Bank of Ghana visited the Central Bank…

Hossam Mounir

HDB records 150.4% jump in net profits to over EGP 3bn during 1H 2023

Bank continues to reap benefits of solid position in banking sector: Hassan…

Hossam Mounir

CBE replaces 6 million pension cards with Meeza cards

25 banks issue 30 million Meeza cards until September 2022

Hossam Mounir

CBE expects inflation to peak in 2H 2023

Inflation expected to drop to targeted, previously announced rates, supported by restrictive…

Hossam Mounir

Egypt anticipates repercussions of rate hike on economic activities

Banks discuss interest rates on savings, loan products

Hossam Mounir

Central Bank of Egypt to decide interest rate Thursday, ‘no change’ expected

Basic interest rates were increased by 2% on 30 March and total…

Hossam Mounir