Hossam Mounir

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Urban inflation rises to 5.9% in December 2021: CAPMAS

Monthly core inflation records 0.2% in December 2021: CBE

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ADIB Egypt raises capital of its consumer finance company to EGP 30m

New company allow customers to purchase products, services with Sharia-compliant financing

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NBE manages 51 financing deals worth over EGP 235bn in 2021

Bank ranks first in Egyptian, African banking markets as financing agent, main…

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Egypt’s net international reserves increase to $40.93bn in 2021 despite COVID-19 repercussions

Net international reserves up by $872m in 2021 from $40.062bn in 2020

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CBE approves launch of e-portal for smartphone wallet management

There are over 25 million e-wallets now in Egypt, with 27% growth…

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CBE receives 33 bids worth $1.037bn for T-bills issuance denominated in US currency

The Central Bank of Egypt (CBE) received 33 bids from local and…

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9 banks participate in securitization bonds issuance worth EGP 2.4bn for CorpLease: Misr Capital

The issuance comes in four tranches, the first with a value of…

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Agricultural Bank of Egypt offers EGP 14.2bn loans for Upper Egypt development projects

Bank’s loan portfolio to finance agriculture production in Upper Egypt reaches EGP…

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MSMEDA pumps EGP 6.2bn to finance 178k projects in 11M 2021: Trade Minister

Gamea indicated that the agency is now working, in cooperation with various…

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CBE’s assets increase to EGP 2.412trn in November 2021

According to the CBE’s financial position report for November, the bank’s balances…

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