Hossam Mounir

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NBE, Banque Misr offer one-year 18% saving certificates

Yehia Abou El-Fotouh, Vice Chairperson of the NBE, said the bank’s new…

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Egypt’s Monetary Policy Committee increases key policy rates by 1% in extraordinary meeting

Objective of raising policy rates is to anchor inflation expectations, contain effects…

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Banque Misr, NBE, Banque du Caire agree to launch $85m MEA-focused ‘Nclude” fund for fintech

Participating investment entities also include e-finance, Egyptian Banks Company, and Global Ventures

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Banks in Egypt show strong recovery indicators from COVID-19 repercussions in 2021

Net profits of banks increase to EGP 107.132bn in December, compared to…

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EGP 11.1bn allocated to funding women’s projects in Egypt over 7 years: Trade Minister

Political leadership is directing all support to raise economic, social levels of…

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Why Egypt’s annual inflation jumps to 32-month high in February 2022?

CBE attributes increase in annual urban inflation to strong monthly food dynamics…

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Egypt’s trade deficit decreases 21.6% in December 2021: CAPMAS

The Central Agency for Public Mobilisation and Statistics issued on Tuesday its…

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MSMEDA, Tax Authority call on firms with EGP 10m turnover to speed up declarations’ submission

Government offers new tax incentives to owners of registered projects without any…

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Egyptian remittances increase to $31.5bn in 2021

Remittances increase by 3.4% in December 2021

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CBE extends cash cover for foodstuffs until 15 March 2023

The CBE has extended the exclusion period twice in the past two…

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