Hossam Mounir

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Central Bank of Egypt Governor resigns

Hassan Abdalla, Hisham Okasha, Hala El-Said, Rania Al-Mashat top the list of…

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saib achieves $16m net profit in June 2022, marking 79% growth

220% growth in online banking payments to EGP 411m in 1H 2022

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Foreign investments in local treasury bills increased by EGP 6.5bn in June 2022: CBE

Foreign investments in local treasury bills also recorded their highest level in…

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Egypt’s unemployment rate unchanged at 7.2% in 2Q 2022: CAPMAS

Labour force increases to 29.985 million individuals in 2Q 2022, compared to…

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CBE reveals bank performance indicators in April 2022

Total financial position of banks increases to EGP 9.626trn, with total capital…

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Annual urban inflation in Egypt increases to 13.6% in July 2022

Monthly core inflation, computed by CBE, records 1.5% in July 2022

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MSMEDA injected EGP 2bn to finance 83,000 micro-projects in 1H 2022

52% of the funds were directed to women-owned projects and 59% went…

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Egypt’s net international reserves decline to $33.143bn in July 2022: CBE

$253m decrease in gold reserves, while SDRs increases to $232m

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Egypt’s current account deficit remains almost unchanged at $13.6bn in July/March FY 2021/22: CBE

Egypt's balance of payments records $7.3bn overall deficit in 9M of FY…

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7,000 projects formalised since issuance of Enterprise Development Law: MSMEDA

Furthermore, it said that it is working in cooperation with various state…

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