Hossam Mounir

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CBE’s net foreign assets achieve $10.4bn surplus in September

The Central Bank of Egypt (CBE) revealed that its net foreign assets…

Hossam Mounir

CBE to review interest rates amid predictions of fourth consecutive hold

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

Hossam Mounir

FRA clarifies suspension of new applications for consumer, microfinance companies

The Financial Regulatory Authority (FRA) has detailed the reasons for halting the…

Hossam Mounir

CBE authorizes banks to open financial inclusion accounts

The Central Bank of Egypt (CBE) has granted banks permission to open…

Hossam Mounir

Microfinance exceeds EGP 93bn in June 2024: Zulficar

Mona Zulficar, Chairperson of the Egyptian Federation for Financing Medium, Small, and…

Hossam Mounir

Banks, mortgage finance companies pump EGP 75.6bn into low-income initiative in September

Banks and finance companies participating in the mortgage finance initiative for low-income…

Hossam Mounir

Suez Canal Bank, Raya Information Technology sign EGP 1.2bn protocol to support expansion plans

Suez Canal Bank has signed a cooperation protocol with Raya Information Technology,…

Hossam Mounir

Annual urban inflation rises to 26.4% in September

The Central Agency for Public Mobilization and Statistics (CAPMAS) revealed that the…

Hossam Mounir

FRA reveals size of non-banking financing in July 2024

The Financial Regulatory Authority (FRA) has disclosed the total volume of non-banking…

Hossam Mounir

Post for Investment, AXA launch Egypt’s first microinsurance company

Post for Investment, the investment arm of Egypt Post, and AXA Egypt…

Hossam Mounir