Hossam Mounir

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Egypt’s banking sector net foreign assets rise to $14.94bn in June 2025

The Central Bank of Egypt (CBE) announced that net foreign assets held…

Hossam Mounir

We safeguard resilience of Egypt’s banking sector against potential financial crises: CBE

The Central Bank of Egypt (CBE) has reaffirmed its central responsibility in…

Hossam Mounir

Finance Ministry plans EGP 670bn in T-bill, bond issuances for August

The Ministry of Finance has announced plans to issue a total of…

Hossam Mounir

ABE hosts South African trade union delegation to boost cooperation

Mohamed Abou El-Soud, CEO of the Agricultural Bank of Egypt (ABE), has…

Hossam Mounir

NBE signs $50m agreement with Arab Fund to boost MSME financing

The National Bank of Egypt (NBE) has signed a $50m financing agreement…

Hossam Mounir

NBE, Banque Misr report EGP 6bn capital gains from joint land sales, eye further EGP 1bn from upcoming auctions

Ahmed El-Saeed, Executive Head of Investments and Trust Funds at the National…

Hossam Mounir

Annual urban headline inflation eases to 14.9% in June 2025, down from 16.8% in May: CBE

Annual urban headline inflation eased to 14.9% in June 2025, compared to…

Hossam Mounir

Egypt–AU members trade exchange rises to $9.8bn in 2024

The Central Agency for Public Mobilization and Statistics (CAPMAS) reported that trade…

Hossam Mounir

Egypt’s banking sector liquidity rises to EGP 12.8trn in May 2025

The Central Bank of Egypt (CBE) has reported that total liquidity in…

Hossam Mounir

CBE expects inflation to stabilise in 2025 before gradually declining in 2026

The Central Bank of Egypt (CBE) expects annual headline inflation to remain…

Hossam Mounir