Hossam Mounir

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CBE to decide on EGP rates Thursday amid strong expectations of fourth consecutive hold

The Central Bank of Egypt's (CBE) Monetary Policy Committee will hold its…

Hossam Mounir

CBE attributes July inflation rise to unfavourable base effect

The Central Bank of Egypt (CBE) said the rise in annual urban…

Hossam Mounir

Non-bank financing for MSMEs surpasses EGP 100bn in May 2026: FRA

The Financial Regulatory Authority (FRA) revealed that the outstanding balance of financing…

Hossam Mounir

HDB posts EGP 9.924bn net profit in H1 2026

Housing and Development Bank (HDB) delivered strong financial results during the first…

Hossam Mounir

Egypt’s annual urban inflation accelerates to 14.9% in July from 14.3% in June

Egypt’s annual urban inflation rate accelerated to 14.9% in July, up from…

Hossam Mounir

CBE instructs banks to complete company data for National Financial Inclusion Database

The Central Bank of Egypt (CBE) has instructed banks operating in the…

Hossam Mounir

Egypt’s financial inclusion rate reaches 79%, with 56.4 million citizens holding active transaction accounts: CBE

Egypt's financial inclusion rate continued to rise, reaching 79% in June 2026,…

Hossam Mounir

Egypt’s banking sector net foreign assets jump to $27.9bn in June

Egypt's banking sector recorded a sharp increase in net foreign assets (NFA)…

Hossam Mounir

CBE, foreign ministry launch ‘Update Your KYC in Egypt’ initiative for Egyptian expats

The Central Bank of Egypt (CBE) and the Ministry of Foreign Affairs…

Hossam Mounir

Assets of banks in Egypt rise to EGP 26.887trn in Q1 2026

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

Hossam Mounir