Hossam Mounir

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NBG sells its headquarters, continues to liquidate assets as it bids farewell to Egypt

NBG reaches final agreement with Arab Investment Bank to acquire its existing…

Hossam Mounir

Egyptian President orders full support to AfDB annual meetings: CBE Governor

African Development Bank plays essential role in mobilizing financing, promoting economic development…

Hossam Mounir

CBE assesses impact of previous interest rate hikes, reserve requirement ratio rise on inflation

MPC decided last week to maintain basic interest rates at CBE unchanged

Hossam Mounir

Financial position of banks jumps to EGP 12.409trn in January 2023: CBE

Bank deposits increase to EGP 9.021trn, of which 77.8% belong to household…

Hossam Mounir

CBE concludes preparations for annual meetings of AfDB in Sharm El-Sheikh

Event to be held under auspices of President Al-Sisi

Hossam Mounir

CBE to discuss fate of EGP interest rate amid strong expectations of ‘no changes’

The Monetary Policy Committee of the Central Bank of Egypt will hold…

Hossam Mounir

Why Egypt’s inflation declined in April 2023? CBE explains

The annual headline urban inflation decelerated to 30.6% in April 2023 from…

Hossam Mounir

CIB reports consolidated net income of EGP 6.06bn in 1Q 2023

The Commercial International Bank (CIB) Monday announced that its first-quarter 2023 consolidated…

Hossam Mounir

Al-Hini elected as HDB’s non-executive chairperson, Ghanem re-elected as CEO

The Housing and Development Bank (HDB) has announced that Basil Al-Haini was…

Hossam Mounir

Does the dropping inflation give CBE opportunity to raise interest rates?

MPC will hold its third periodic meeting in 2023 this week to…

Hossam Mounir