Hossam Mounir

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Banks offer EGP 4bn to 172k small, micro enterprises in Decent Life initiative: CBE 

52k bank accounts, 13k mobile wallets were opened in villages

Hossam Mounir

Domestic liquidity in banking sector increases to EGP 7.8trn in February 2023: CBE

Total non-governmental deposits in local currency amounted to EGP 5.549trn

Hossam Mounir

CBE to decide fate of EGP interest rate amid strong expectations of new rise

I expect 2-3% interest rate hike, but I hope it won’t change:…

Hossam Mounir

Egypt’s foreign trade records $29.032bn in 1Q FY2023: CBE

Egypt’s imports reach $19.067bn, while exports record $9.965bn

Hossam Mounir

BDS Hubs at NilePreneurs offer EGP 3.85bn to 4,800 start-ups in 2022

14 banks participating in initiative open more than 36 BDS Hubs, 4…

Hossam Mounir

Outstanding balance of local T-bills, bonds reaches EGP 4.44trn in February 2023: Finance Ministry

According to the latest report published by the ministry on its website,…

Hossam Mounir

Financial position of banks in Egyptian market increases to EGP 11.399trn in 2022: CBE 

Customer deposits jump to EGP 8.562trn, lending and discount balance records EGP…

Hossam Mounir

Kuwait extends maturity of $2bn deposit at CBE to September 2023

Maturity of $658.5m UAE deposit at CBE also extended to August 2027

Hossam Mounir

IFC partners with Egypt’s CIB in managing climate risk, boosting sustainability

In a Wednesday press statement, the IFC said that the advisory project…

Hossam Mounir