Hossam Mounir

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Bank deposits increase to EGP 6.549trn in January 2022: CBE

Credit facilities increase by EGP 257.6bn in 7 months, reaching EGP 3.161trn

Hossam Mounir

Central Bank of Egypt reveals reasons for high inflation in March 2022

Annual urban inflation jumps to 10.5% in March 2022, marking highest rate…

Hossam Mounir

ADQ acquires stake in CIB with a value of $911.457m

ADQ also executed another transaction on Fawry’s shares for 215.124m shares at…

Hossam Mounir

Annual urban inflation jumps to 10.5% in March 2022: CAPMAS

Annual core inflation increased to 10.1% in March 2022: CBE

Hossam Mounir

CIB Egypt details its digital transformation results amid COVID-19

Volume of mobile banking transactions more than doubled to 107% in 2021

Hossam Mounir

Egypt keen to encourage owners of informal projects to reconcile their status: Trade Minister

Of these projects, 3,116 are commercial projects, 216 are industrial, and 11…

Hossam Mounir

ABE completes preparations ahead of wheat harvest season

The bank is also facilitating supply operations from farmers and receiving all…

Hossam Mounir

CBE includes medical professions in initiative for small projects, at an interest rate of 5%

The CBE also emphasised the role of banks in providing electronic payment…

Hossam Mounir

Credit Agricole’s business strategy comes into line with Egypt’s objectives: Deputy Managing Director

Bank mainly directs financing toward sectors that Egypt seeks to develop, is…

Hossam Mounir

Time deposits and proceeds of savings certificates hit EGP 3.869 trillion: CBE

Meanwhile, total local currency non-governmental deposits in banks operating in the Egyptian…

Hossam Mounir