Hossam Mounir

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Egypt, Eswatini discuss expanding banking cooperation

Central Bank of Egypt (CBE) Governor Hassan Abdalla received Phil Mnisi, Governor…

Hossam Mounir

Egypt’s annual urban inflation eases to 14.3% in June as food prices slow: CBE

Egypt's annual urban headline inflation eased to 14.3% in June 2026, down…

Hossam Mounir

Egypt’s net international reserves rise $3.6bn in H1 2026 to record $55.1bn

Egypt’s net international reserves (NIR) increased by approximately $3.62bn during the first…

Hossam Mounir

CBE explains rationale for holding interest rates steady for third consecutive meeting

The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE)…

Hossam Mounir

Banks operating in Egypt post EGP 218.4bn in net profits in Q1 2026

Banks operating in Egypt recorded combined net profits of EGP 218.410bn during…

Hossam Mounir

Balance sheet of banks in Egypt climbs to EGP 24.9trn in February as deposits, lending expand

The aggregate balance sheet of banks operating in Egypt, excluding the Central…

Hossam Mounir

NBE, Banque Misr raise interest rates on savings certificates, launch new variable-yield products

Mohamed El Etreby, Chief Executive Officer of the National Bank of Egypt…

Hossam Mounir

CBE prohibits financing for company formation, capital increases, and dividend distributions

The Central Bank of Egypt (CBE) has issued a directive requiring banks…

Hossam Mounir

Banks operating in Egypt adopt international ISO 20022 standard for financial transfers

In a pivotal step towards transforming Egypt's digital payments infrastructure, the Central…

Hossam Mounir