Hossam Mounir

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Interbank EGP transactions via RTGS near EGP 69trn in Q1 2025: CBE

The Central Bank of Egypt (CBE) announced that the total value of…

Hossam Mounir

Egyptian banks offer fee-waived, no-minimum accounts through April for financial inclusion drive

In celebration of Arab Financial Inclusion Day, the Central Bank of Egypt…

Hossam Mounir

Egypt’s net international reserves climb to $47.76bn in March 2025: CBE

Egypt’s net international reserves rose to $47.757bn in March 2025, up from…

Hossam Mounir

US dollar surges EGP 0.53 at Sunday close

The official exchange rate of the US dollar at the Central Bank…

Hossam Mounir

Net foreign assets in Egypt’s banking sector rise by $1.5bn in February 2025

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

Hossam Mounir

Financial position of banks operating in Egypt reaches EGP 20.799trn in 2024

The Central Bank of Egypt (CBE) announced that the total financial position…

Hossam Mounir

Egypt’s microfinance sector approaches EGP 100bn in 2024: MSMEF

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

Hossam Mounir

Microfinance companies inject EGP 80.4bn into MSMEs in January 2025: FRA

The Financial Regulatory Authority (FRA) has reported that licenced microfinance companies and…

Hossam Mounir

Annual urban inflation drops sharply to 12.8% in February 2025: CBE

Egypt’s annual urban headline inflation fell significantly to 12.8% in February 2025,…

Hossam Mounir

CBE reports EGP 133.4bn in net profits for February 2025

The Central Bank of Egypt (CBE) recorded a net profit of EGP…

Hossam Mounir