Hossam Mounir

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Kuwait Finance House expands into Egypt with Ahli United Bank acquisition

Kuwait Finance House (KFH) has officially launched its operations in Egypt following…

Hossam Mounir

CBE reports $26.3bn in remittances for 11M 2024

The Central Bank of Egypt (CBE) has announced a remarkable rise in…

Hossam Mounir

Bonyan plans IPO on EGX by end-February, targeting EGP 5bn in investments

Bonyan Real Estate Investment executives held a press conference on Tuesday to…

Hossam Mounir

MSMEDA to double support for project owners outside Cairo: CEO

Basel Rahmy, CEO of the Micro, Small, and Medium Enterprises Development Agency…

Hossam Mounir

FRA introduces new regulations for non-banking financial institutions under its supervision

The Board of Directors of the Financial Regulatory Authority (FRA), headed by…

Hossam Mounir

CBE reports key updates on deposit, lending trends in banks in September 2024

The Central Bank of Egypt (CBE) has unveiled the latest trends in…

Hossam Mounir

CBE’s net foreign assets reach $11.64bn surplus in December 2024

The Central Bank of Egypt (CBE) reported a surplus in its net…

Hossam Mounir

CBE explains decline in inflation during December 2024

Annual urban headline inflation decreased to 24.1% in December 2024, down from…

Hossam Mounir

CBE reveals developments in Egypt’s external debt as of June 2024

Egypt’s external debt reached $152.9bn in June 2024, marking a decrease of…

Hossam Mounir

Egypt’s foreign trade surpasses $104.7bn in FY 2023/24: CBE

Egypt's foreign trade reached approximately $104.7bn in the fiscal year 2023/2024, as…

Hossam Mounir