Hossam Mounir

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Egyptian remittances record 13 % growth to $28.5bn in 11 months: CBE

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

Hossam Mounir

Central Bank of Egypt justifies inflation hike during July 2021

Egypt’s annual headline urban inflation increased to 5.4% in July 2021, compared…

Hossam Mounir

Central Bank of Egypt receives 33 bids worth €792m for euro-denominated T-bills

CBE accepts 27 offers, worth €622m, with average interest of 1.396

Hossam Mounir

Egypt injects EGP 2.8bn into over 87k small, micro projects in H1 2021

Minister Nevin Gamea urges citizens to benefit from MSMEDA services to finance…

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Abu Dhabi Commercial Bank – Egypt reports net profit rise of 83% in H1 2021

Bank continues expansion plans, emphasises brand, and finalises measures to raise capital:…

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Egypt’s external debt increases to $134.8bn in March 2021: Central Bank

Long-term debt accounts for $121.5bn (90.2%) of total external debt, while short-term…

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Foreign investments in Egypt’s T-bills increase to $22.866bn in June 2021: CBE

Net foreign assets in Egypt’s banking system up by EGP 125.8bn from…

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Bahrain’s Bank ABC acquires 99.5% of BLOM Bank Egypt

Acquisition deal valued at $425m

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Egypt’s annual urban inflation rises to 5.4% in July 2021

Annual core inflation computed by CBE records 6.4% in July 2021

Hossam Mounir

Emirates NBD – Egypt to finance agricultural wastewater treatment plant in North Coast

New plant will secure irrigation water to half a million feddan of…

Hossam Mounir