Hossam Mounir

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CBE receives $1.17bn in bids for dollar-denominated T-bills auction

The Central Bank of Egypt (CBE) attracted bids totaling $1.17bn in its…

Hossam Mounir

Non-banking finance for MSMEs reaches EGP 83.319bn in February 2025: FRA

The Financial Regulatory Authority (FRA) announced that the volume of non-banking finance…

Hossam Mounir

CBE to offer $950m dollar-denominated T-Bill tender to cover previous maturity

The Central Bank of Egypt (CBE) will offer a one-year Treasury bill…

Hossam Mounir

Government to issue EGP 2.175trn in local debt instruments in Q4 of FY25

The Egyptian government plans to issue EGP 2.175trn in local debt instruments…

Hossam Mounir

United Bank expands digital services, financing solutions for companies

United Bank has unveiled a new package of digital banking services under…

Hossam Mounir

Customer deposits at banks climb to EGP 13.599trn in December 2024

The Central Bank of Egypt (CBE) reported that customer deposits at banks…

Hossam Mounir

Egypt’s foreign trade reaches $32.24bn in Q1 of FY25: CBE

The Central Bank of Egypt (CBE) has announced that Egypt’s total foreign…

Hossam Mounir

Market awaits reopening of banks to gauge impact of CBE’s 2.25% rate cut on savings, loans

Markets are closely watching the reopening of banks on Tuesday—following the Easter…

Hossam Mounir

CBE poised to cut interest rates as inflation cools

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

Hossam Mounir

Egyptian expat remittances surge to $20bn in first 7 months of FY2024/25: CBE

The Central Bank of Egypt (CBE) has announced that remittances from Egyptians…

Hossam Mounir