Hossam Mounir

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CBE explains why inflation slowed down in October

The Central Bank of Egypt (CBE) released a report on the inflation…

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Business News Index: HSBC named ‘Bank of the Year’, AlexBank ‘Most Efficient’

Business News recently announced the results of its twelfth edition of the…

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CBE receives $1.719bn in bids for USD-denominated T-bills tender

The Central Bank of Egypt (CBE) received 28 bids totalling $1.719bn in…

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How CIB outperforms its peers on EGX in 3Q 2023

CIB’s stock surges above fair value: What’s behind its growth?

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Egypt’s trade exchange with Nile Basin countries reaches $3bn in 2022: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Monday…

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Egypt’s outstanding balances of T-bills, T-bonds reach EGP 4.961trn by September end

Amount includes EGP 2.605trn in treasury bills and EGP 2.355trn in bonds,…

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MSMEDA, ERADA partner to fund 3,000 micro-projects with EGP 100m

The Micro, Small, and Medium Enterprises Development Agency (MSMEDA) and ERADA Microfinance…

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NBE tops list of banks in mortgage finance initiative for low-income individuals in October 2023

Bank offers EGP 16.825bn in mortgage finance to 141,971 customers, accounting for…

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Egypt’s annual urban inflation drops to 35.8% in October 2023: CAPMAS

Central Bank aims for 7% (±2%) inflation in 2024, 5% (±2%) in…

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Euro-denominated T-bills tender attracts €781.7m in 28 offers: CBE

The Central Bank of Egypt (CBE) has received 28 offers worth €781.7m…

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