Hossam Mounir

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CBE sets new inflation target until 2026

4Q 2024 inflation target stands at 7% (±2%), 5% (±2%) in 4Q…

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Egypt’s Central Bank to decide on EGP’s interest in the last MPC meeting of 2022

The basic interest rate has been raised by 5% in 2022

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CBE pushes for sustainable financing in banking sector

100% of Egyptian banks measure carbon footprint of their internal activities: CBE

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CBE throws light on Egypt’s high inflation in November 2022

November’s high inflation was mainly caused by 27 October currency devaluation, continued…

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CBE reveals top indicators of financial safety for banks by end of 3Q 2022

EGP 93.4bn in net profits, top 10 accounted for 78.29%

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MSMEDA, EU, AFD cooperate to develop informal settlements

Gamea praised the continuous cooperation between MSMEDA and the Ministry of International…

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EGP 14.596bn increase in the value of CBE’s gold balances by end of November 2022

According to the financial statements of the CBE, the bank’s total assets…

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Egypt-US trade exchange increases to $7.3bn in 9M 2022: CAPMAS

US investments in Egypt amount to $9.2bn in 2020/21

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Net profits of banks operating in Egypt reach EGP 93.4bn in September 2022

Net revenue of banks operating in Egypt amounts to EGP 225.807bn

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Al Tadamun Microfinance obtains EGP 100m from AAIB to support micro-enterprises

The two parties stressed that the signing of this agreement comes within…

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