Hossam Mounir

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CBE pays $23.8bn in foreign debt service over 9 months

The Central Bank of Egypt (CBE) revealed Wednesday that Egypt paid $23.8bn…

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CBE explains August’s inflation rise after 5-month decline

Egypt’s annual urban headline inflation ticked up to 26.2% in August 2024,…

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CIB announces new leadership: Ezz Al-Arab as CEO, Sabbour as 1st female chair

The Commercial International Bank - Egypt (CIB) has appointed Hisham Ezz Al-Arab…

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CBE’s net foreign assets record $10.3bn surplus in August

The Central Bank of Egypt's net foreign assets (NFA) achieved a surplus…

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Banks, companies offer EGP 73.09bn under ‘Affordable Housing Initiative’ until August

Banks and mortgage companies participating in the Affordable Housing Initiative have provided…

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Egypt’s annual urban inflation increases to 26.2% in August

Egypt's Central Agency for Public Mobilization and Statistics (CAPMAS) said on Tuesday…

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Egyptian remittances increase 32.4% to $15.5bn in 7M 2024: CBE

The Central Bank of Egypt (CBE) revealed that Egyptian expatriates’ remittances increased…

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CBE expects significant inflation decline in early 2025

The Central Bank of Egypt (CBE) has projected a significant decrease in…

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Egyptian banking sector’s financial position surges to EGP 18.387trn in April 2024: CBE

The Central Bank of Egypt (CBE) has revealed a surge in the…

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CBE to decide on interest rate today amid expectations of third consecutive hold

The Central Bank of Egypt (CBE) will determine on Thursday, the fate…

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