Hossam Mounir

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CIB first private bank to raise dollar-saving certificate rates following suit of state-run banks

Interest on dollar-saving certificates of three years term increased to 5.25% monthly

Hossam Mounir

28.7% decrease in Egypt’s trade deficit in July 2022: CAPMAS

Egypt’s exports increased by 2.2% as it reached $3.13bn during July 2022,…

Hossam Mounir

Egypt’s external debt declined to $155.708bn by end of June: CBE

$129.089bn of the remaining debt is long-term debt and $26.619bn is short-term

Hossam Mounir

Egypt’s annual urban headline inflation rises to 15% in Spetember

This is its highest level since November 2018

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CBE launches Financial Inclusion Strategy 2022-2025

The Financial Inclusion Strategy was developed on a scientific foundation, based on…

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CBE assets reach EGP 2.986trn in June 2022

Bank’s contributions to capital of international financial institutions record EGP 15.711bn in…

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Banks looking to raise interest rates on USD certificates by Sunday

Recently, the NBE announced that it would adjust the interest rates on…

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BoP records overall deficit of $10.5bn in FY 2021/22: CBE

Tourism revenues rose by $5.9bn to $10.7bn

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Outstanding balance of domestic T-bills, bonds reaches EGP 4.145trn in August 2022: Finance Ministry

Outstanding balance of T-Bills in August amounted to about EGP 1.618trn

Hossam Mounir