Hossam Mounir

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Local liquidity in banking sector climbs to EGP 13.6trn in September 2025

The Central Bank of Egypt (CBE) reported a notable rise in broad…

Hossam Mounir

ABE to roll out new financing, banking services for small-scale farmers to boost agricultural investment: CEO

Mohamed Abul Soud, CEO of the Agricultural Bank of Egypt (ABE), announced…

Hossam Mounir

CBE underscores banking sector resilience as financial soundness indicators exceed regulatory thresholds

The Central Bank of Egypt (CBE) affirmed the continued robustness of Egypt’s…

Hossam Mounir

Standard Bank to launch representative office in Egypt on 12 November

Standard Bank Group, Africa’s largest financial institution by assets, announced that it…

Hossam Mounir

NBE grants Ora Developers Egypt EGP 3bn long-term financing for Solana West project

The National Bank of Egypt (NBE) has signed a long-term financing agreement…

Hossam Mounir

CIB reports record EGP 28.8bn net income for Q3 2025; nine-month profits surge 47% to EGP 62.1bn

Commercial International Bank (CIB) announced Tuesday a consolidated net income of EGP…

Hossam Mounir

Egyptian banking system’s NFAs rise by $3bn to $17.9bn in August 2025: CBE

The Central Bank of Egypt (CBE) announced that the banking system’s net…

Hossam Mounir

CBE projects inflation to average 10.5% in 2026 as economic recovery gains momentum

The Central Bank of Egypt (CBE) has projected a continued decline in…

Hossam Mounir

United Bank, Social Housing Fund expand affordable mortgage finance to EGP 5bn

The United Bank has signed a cooperation protocol with the Social Housing…

Hossam Mounir

Non-bank financing for MSMEs jumps to EGP 91.4bn in August 2025: FRA

The Financial Regulatory Authority (FRA) has announced that the total volume of…

Hossam Mounir