Hossam Mounir

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Varied expectations about fate of interest rate in CBE’s next Thursday meeting

Prices were fixed on 18 August 2022 at 11.25% for deposit, 12.25%…

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Egypt, Qatar record trade exchange of $44.8m in 2021: CAPMAS

Moreover, the value of Egyptian exports to Qatar amounted to $4.5m compared…

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CBE renews its warning against dealing with encrypted virtual currencies

It stressed that it lacks any material cover to ensure the stability…

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Total financial position of banks operating in Egypt breaks EGP 10trn barrier in June 2022: CBE

Total capital reaches EGP 234.690bn, reserves stand at EGP 428.927bn, and allocations…

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UNDP stresses continued cooperation with MSMEDA to support small businesses in Egypt

Two parties discussed ways of cooperation in upcoming stage, expanding financial, non-financial…

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Mortgage finance initiative for low-income housing records EGP 49.26bn in August

National Bank of Egypt tops the list of mortgage finance providers by…

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Non-governmental deposits in local currency exceed EGP 5 trillion by end of July 2022: CBE

Domestic liquidity in the banking sector increased to EGP 6.708 trillion

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13 banks in Egyptian market report EGP 21.778bn net profits in 1H 2022

CIB tops list in terms of net profit at EGP 7.773bn, followed…

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Finance Ministry plans to issue 28 bids for treasury bills and bonds worth EGP 251.5bn

The ministry is offering 16 bids for bills worth EGP 211.5bn and…

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