Hossam Mounir

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Suez Canal Bank appoints Shehab Zidan as deputy CEO, managing director

Suez Canal Bank has announced the appointment of Shehab Zidan to its…

Hossam Mounir

MSMEDA injects EGP 8bn in finances over 18 months, creates nearly 400,000 jobs

Financing conversion of over 70,000 vehicles to natural gas at a Cost…

Hossam Mounir

Egypt plans to borrow EGP 1.013trn from local market in August, September

Ministry of Finance targets 32 T-bill auctions worth EGP 960bn, 20 T-bond…

Hossam Mounir

Total financial position of Egyptian banking sector increases to EGP 17.8trn in Q1 2024

Household sector holds 74.2% of EGP 11.534trn in customer deposits

Hossam Mounir

CBE withdraws EGP 947.1bn from banks in open market operations at 27.75% interest rate

The Central Bank of Egypt (CBE) withdrew EGP 947.1bn from 32 banks…

Hossam Mounir

Banks, financing companies inject EGP 70.6bn into low-income housing initiative by June 2024

The Social Housing and Mortgage Finance Fund recently disclosed that banks and…

Hossam Mounir

Investment banks predict CBE to maintain unchanged rates for second consecutive meeting

Analysts anticipate unchanged rates amidst decreasing inflation

Hossam Mounir

CBE explains reasons for decline in June inflation

Annual urban headline inflation continued its downward trend, registering 27.5% in June…

Hossam Mounir

ABE loan portfolio reaches EGP 75.27bn in June 2024

Bank funds 208 major companies with EGP 16.5bn to boost agricultural investment

Hossam Mounir